Joby Stock Soars 17% on Strategic $125M Blade Acquisition: Accelerating the eVTOL Revolution

Joby Aviation's all-electric eVTOL aircraft in flight over urban skyline, showcasing the future of emission-free air taxi transportation.

Santa Cruz, CA – August 4, 2025 – Joby Aviation (NYSE: JOBY) electrified the market today, with its stock surging 16.75% to close at $20.03 following the announcement of a transformative $125 million acquisition of Blade Air Mobility’s (NASDAQ: BLDE) passenger business. This strategic move positions Joby at the forefront of the urban air mobility (UAM) revolution, providing … Read more