Prediction: Here's What a $5,000 Investment in Joby Aviation Will Be Worth in 10 Years
Key PointsJoby Aviation is aiming to produce 500 eVTOLs per year.
In the year 2036, a $5,000 investment in Joby Aviation could be worth nearly $11,250, according to a prediction. Joby Aviation is developing electric vertical takeoff and landing (eVTOL) aircraft for commercial passenger services. These aircraft can carry four passengers and a pilot on short urban routes. Joby currently has five eVTOLs in production and aims to produce four per month by 2027, growing to 500 aircraft annually.
If Joby achieves this growth, the company could generate about $3.6 billion in annual revenue from its passenger business. Assuming a price-to-sales multiple of 3, this revenue could support a market capitalization of around $10.8 billion, nearly double the current valuation.
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