He sold Archer Aviation to double his position in Joby. Joby has revenues and a clearer path to FAA certification and will get their vehicles working as taxis quicker than Archer.
Stock price when the opinion was issued
As of May 27, 2026. Market Open.
They just raised capital to give them enough money to last for a long time. This is okay for now. But take profits at $7.
Are losing money hand over fist.
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He sold Archer Aviation to double his position in Joby. Joby has revenues and a clearer path to FAA certification and will get their vehicles working as taxis quicker than Archer.