Air Taxis

Editor’s Note: This article has been updated to clarify the status of Dubai's commercial air taxi infrastructure. eVTOLs are becoming a centerpiece of the air-taxi narrative, with investors focused on certification timelines and aircraft performance. But that focus may be misplaced. The...

Investors often frame the air taxi race around aircraft—who gets certified first, who scales production faster. Names like Joby Aviation, Inc (NYSE:JOBY) and Vertical Aerospace Ltd (NYSE:EVTL) dominate that conversation. But cities—not factories—may decide who launches the first real network. And...

Update: The story has been updated to include comments from Joby and Archer. Electric Vertical Takeoff and Landing (eVTOL) aircraft maker Archer Aviation Inc. (NYSE:ACHR) has filed a countersuit against rival Joby Aviation Inc. (NYSE:JOBY), alleging the latter's ties to China amid a theft of trade...

Investor Cathie Wood-led ARK Invest has bought additional shares of Joby Aviation Inc. (NYSE:JOBY), as the company announced it was partnering with the Federal Aviation Administration (FAA) amid the Department of Transportation's (DOT)  eVTOL push. Urban Air Taxis On Monday, Transportation...

Transportation Secretary Sean Duffy has unveiled the Donald Trump administration's strategy to kickstart air taxi operations in the U.S. A Strategy To Beat China In a video shared by Duffy on the social media platform X on Wednesday, the Transportation Secretary outlined that the aviation industry...

Transportation Secretary Sean Duffy has shared that the U.S. will allow air taxis to operate within the country in what could be a major boost for Joby Aviation Inc. (NASDAQ:JOBY) and Archer Aviation Inc. (NASDAQ:ACHR). Air Taxis Will Happen Under Trump, Says Duffy During an appearance on The Clay...

Call it the ‘Zero-Dollar Club’ — quantum batteries, electric air taxis, and quantum computers. For investors willing to take a chance on the future, these are the stocks making billion-dollar promises today, even if their revenue statements remain blank. Meet Rigetti Computing Inc (...

Joby Aviation Inc (NYSE:JOBY) isn't just chasing urban air taxis—it's eyeing Pentagon dollars. A new partnership with L3Harris Technologies Inc (NYSE:LHX) could put Joby at the center of the U.S. military's $9.4 billion budget request for autonomous and hybrid aircraft in 2026, Joby disclosed to...

Flying taxis could soon be a reality in the U.S. after the Federal Aviation Administration (FAA) issued a final rule on Tuesday that establishes a new category of aircraft called “powered lift.”  The Details: The FAA's powered lift category applies to electric vertical takeoff and...

Uber Technologies Inc (NYSE: UBER) is selling its air taxi unit Uber Elevate to Joby Aviation, the two companies confirmed in a statement Tuesday. What Happened: Joby Aviation said that the ride-hailing company will make an additional $75 million investment, as part of the merger deal....