JOBY
vs
S&P 500
JOBY
S&P 500
Over the past 12 months, JOBY has significantly outperformed S&P 500, delivering a return of +86% compared to the S&P 500's +12% growth.
Stocks Performance
JOBY vs S&P 500
Performance Gap
JOBY vs S&P 500
Performance By Year
JOBY vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Joby Aviation Inc
Glance View
Joby Aviation Inc., an ambitious player in the burgeoning field of electric vertical takeoff and landing (eVTOL) aircraft, is a Silicon Valley-based company that has set its sights on revolutionizing urban air mobility. Founded in 2009 by JoeBen Bevirt, the company is developing an all-electric air taxi with a unique tilt-propeller design, which offers a promising combination of speed and efficiency. Joby seeks to address urban congestion and offer a cleaner, quieter alternative to traditional aviation. Driven by innovation, its eVTOL aircraft are designed to be as quiet as a conversation—over 100 times quieter than traditional helicopters—making them suitable for operations within cities. The company's primary goal is to create a transportation service that is efficient, safe, and environmentally friendly, with a vision that extends into the skies as a potentially transformative mode of urban transport. Joby's business model hinges on manufacturing and operating its fleet of eVTOL aircraft to offer a comprehensive aerial ride-sharing service. This integration of manufacturing and service provision is a strategic move designed to optimize operational efficiencies and maintain quality control. Joby aims to generate revenue through these urban air taxi operations, essentially building an aerial version of ride-hailing platforms that have transformed ground transportation. Having secured substantial funding and made strategic partnerships, including a notable alliance with Toyota, Joby is positioning itself not just as an innovator in aircraft technology, but as a budding leader in a new frontier of urban mobility. As the company navigates regulatory pathways and scaling challenges, its success will likely hinge on adept execution of this dual strategy—creating cutting-edge vehicles and operating them as a scalable service.
