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Joby Aviation: Could This $9 Stock Help Make You a Millionaire?
The Motley Fool·
Joby Aviation is developing electric vertical takeoff and landing (eVTOL) aircraft and is close to FAA certification. While the company has significant growth potential in urban air mobility, it faces substantial cash burn ($660M annually) and carries a high $9.2B market valuation for a pre-revenue company, making it a high-risk investment unlikely to deliver life-changing returns at current prices.
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