Joby Aviation trading volume plummets 34.23 percent ranking 146th in market activity despite progress in air taxi certification

On July 22, 2025, Joby Aviation (JOBY) experienced a significant decline, with its trading volume dropping by 34.23% to 7.27 billion, ranking 146th in the day's market activity. The stock price fell by 1.37%, marking the second consecutive day of decline, with a total decrease of 6.58% over the past two days.

Joby Aviation, an air taxi startup, is making significant strides towards commercialization. The company anticipates having five aircraft in one of the final phases of certification by next year. This phase involves conducting TIA flight testing with five conforming aircraft, a crucial step towards starting commercial flights.

Joby's progress is backed by extensive real-world flight testing, with over 40,000 miles of data supporting its models. The company has successfully advanced to the fifth and final stage of Federal Aviation Administration certification, demonstrating its commitment to safety and regulatory compliance.