Joby Aviation shares tumble below $5 as FAA certification remains pending

Joby Aviation shares tumble below $5 as FAA certification remains pending
Image: aol.com

Written by AI from 1 report listed below. Not checked by a person before publication. How we use AI

Joby Aviation's stock fell more than 60% in 2026, hitting a new 52‑week low of under $5 on Tuesday.

The eVTOL maker has not yet obtained FAA approval and is in the final stage of FAA type certification, while continuing test flights and participating in the White House's eVTOL Integration Pilot Program, but it has not launched commercial operations.

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