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JOBY
Benzinga
11 hrs

Rigetti, Joby, QuantumScape — Meet The $0 Revenue Moonshots

1. Joby Aviation has zero current revenue, focusing on future urban air mobility. 2. It has a year-to-date gain of 115%, with a market cap over $15 billion. 3. Investors are betting on the potential of flying taxis akin to Uber. 4. Market enthusiasm is driven by transformative technology and future promises. 5. High risk persists for zero-revenue companies due to potential valuation collapses.

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FAQ

Why Bullish?

Despite zero revenue, JOBY's year-to-date performance indicates strong investor sentiment and belief in future growth.

How important is it?

The article reflects on JOBY's positioning within a high-potential market, influencing investor perceptions and decisions.

Why Long Term?

As technology for urban air mobility matures, JOBY’s prospects for commercialization could emerge, aligning with investor expectations.

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