Joby Aviation Doesn't Need Immediate Cash, Don't Panic
- Joby Aviation continues to proceed towards 2024 operations launch.
- The company filed a shelf registration to raise up to $1.0 billion, but the eVTOL manufacturer already has a cash balance of $1.2 billion.
- The stock isn't fully appreciating the business opportunity in the future.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »