Mark my words: a combination airplane and motorcar is coming,” said Henry Ford in 1940. While his idea was laughable at the time. It’s not anymore. Nowadays, many are fighting for a piece of what could be a potential $1.5 trillion opportunity. 

“Flying cars could initially gain market share from cars on the road, planes, and public transportation. In its base case, these opportunities point to a total addressable market of $1.5 trillion by 2040. A more bullish forecast places the market at $2.9 trillion,” says Morgan Stanley.

Look at Joby Aviation (JOBY), for example.

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With its potential for commercial flight by 2025, JOBY is taking flight. 

With earnings, the company was breakeven for the quarter, as compared to expectations for a loss of 18 cents.  Plus, it ended its quarter with $1.1 billion in cash. 


Ian Cooper