Flying car stocks have taken off.
And there’s still plenty of upside remaining.
On June 9, we highlighted opportunity in eVTOL stock, Joby Aviation (JOBY), which traded at about $8.60. Today, it’s up to $16.73 and could easily test higher highs with a few key catalysts.
Catalyst No. 1: President Trump
Giving flying car stocks some lift, President Trump just signed a series of executive orders aimed at slashing red tape and accelerating the rollout of drone and electric vertical takeoff and landing (eVTOL) technologies in the U.S.
Michael Kratsios, Trump’s top tech policy advisor, said:
“Flying cars are not just for the Jetsons. Since the beginning of his first term, President Trump has recognized the incredible potential of drones to boost American productivity, create high-skilled jobs and meet national needs… But for too long, red tape has hindered homegrown drone innovation.”


Catalyst No. 2: Substantial Market Opportunity
By 2034, analysts over at Precedence Research say the eVTOL market could be worth about $170 billion thanks to urban air taxis, military troop deployments, medical evaculations and emergency rescue operations to name just a few.
Plus, countries and companies around the world are investing billions in flying cars.
- Saudi Arabia Deal: Joby recently signed an agreement with Abdul Latif Jameel to expand into the Middle East, specifically Saudi Arabia, where new infrastructure cities like NEOM are being designed with flying cars in mind.
- Toyota Investment: Joby landed a $250 million investment from Toyota, one of its early strategic partners. Toyota’s backing adds credibility, industrial support, and manufacturing muscle for scale production.
- UAE: With the backing of sovereign wealth funds and support from Abu Dhabi’s aviation regulators, Archer plans to launch its Midnight aircraft in the UAE later this year.
- China: Chinese eVTOL developer TCab Tech just signed a $1 billion agreement with UAE-based Autocraft for 350 units of its E20 eVTOL aircraft.
And that’s just the start.
Catalyst No. 3: The First Airport-to-Airport eVTOL Flight of its Kind was just Completed
eVTOL company Vertical Aerospace just completed the world’s first airport-to-airport piloted flight by a full-scale, winged tilt-rotor eVTOL designed for commercial service.
“The VX4 prototype flew 17 miles from the company’s Flight Test Centre at Cotswold Airport to RAF Fairford on July 16, reaching speeds of 115 miles per hour and an altitude of 1,800 feet. The flight followed approvals from the UK Civil Aviation Authority. The inaugural flight was said to showcase integration with real-world airport operations and build momentum toward certified deployment,” as noted by Seeking Alpha.
With all of the excitement being generated, we wouldn’t be shocked to see eVTOL stocks, like JOBY and ACHR, double, if not triple over the next year.
Sincerely,
Ian Cooper
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