Joby Aviation to begin U.S. operations in 2026 under White House air-taxi program; shares rise
10/03/2026 11:15
** Shares of air taxi firm Joby Aviation JOBY.N up 3.7% at $10.41 premarket
** Co selected as a partner in multiple winning applications under the White House‑backed eVTOL Integration Pilot Program (eIPP), allowing early operations in 10 U.S. states this year
** Program also expected to streamline regulatory approvals
** CEO says communities will “see it in the skies” this year as quiet, electric air taxis begin real‑world flights
** 3 of 11 analysts rate stock "buy", 5 "hold" and 3 "sell"; median PT at $15.50 - data compiled by LSEG
** As of last close, JOBY stock down 23.9% YTD, following a 62.3% rise in 2025
(Reporting by Tharuniyaa Lakshmi in Bengaluru)
((tharuniyaa@thomsonreuters.com))