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Boeing's subsidiary Wisk Aero completed a test flight, while competitor Joby Aviation announced plans to double its U.S. production of electric air taxis.
Goldman Sachs initiated a "Sell" rating on Joby Aviation, citing valuation and operational risks. Despite an initial drop, the stock rebounded, showcasing investor division over the company's long-term prospects versus its near-term challenges and regulatory hurdles.
Joby Aviation has concluded its 2025 international flight demonstrations in Japan, a key operational step supporting its target for commercial service. This milestone reinforces its leadership in the eVTOL sector and keeps it on track for an anticipated 2026 service launch.