5bag
Oct 3, 10:13 AM
$JOBY
FAA cert:
2027 possible, but aggressive (so late 2027)
2028 plausible 2029 possible
2028 was an early figure which was quickly buried.
Then commercial S4 production can ramp up...slowly.
Then costs increase further with more lines, more staff, more everything.
Then 2032 Joby have to pay interested adjusted
$721 million for the loan notes from H1 2026. Well over a decade to reach profit. Lots of cash raises on the way / lots of dilution. Given that time scale, a lot can go wrong.
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