A director at Joby Aviation sold 62,500 shares worth $380,625 while keeping a large stake. Joby is advancing its electric vertical take-off and landing (eVTOL) aircraft, aiming for passenger flights in Dubai by late 2026 pending FAA approval. Despite ambitious plans, Joby faces financial scrutiny with a negative price-to-earnings ratio and a high price-to-sales ratio, reflecting its pre-revenue status and high market valuation. The company also operates Blade Urban Air Mobility and is conducting key flight tests under a White House-backed program.
Joby Aviation director's share sale provides context for industrial sector trading. For readers following Industrials, here is Pluang's market snapshot as of Oct 03, 2026 02:31 WIB: out of 93 priced US industrial stocks, 69 rose and 23 fell today. Notable movers include Bloom Energy at USD 290.72 with a 4.73% gain and Upwork Inc at USD 8.02 with a 3.84% loss.
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