JOBY — All updates

On August 11th, Joby Aviation made an acquisition of Resident Sciences that could roughly double the company's revenue.

I've had a chance to evaluate that acquisition, the impact it could have on the company's cash flow, and evaluate the business, considering this acquisition and the progress the company has made overall to determine if this is a buying opportunity for investors with a very high risk tolerance.

But let's delve deeper into the stock I bought the largest portion of this month, which is Joby Aviation. If you are not familiar with Joby Aviation, they manufacture this electric vertical takeoff and landing aircraft .

Therefore, it takes off just like a helicopter. In fact, the aircraft has six rotors. In theory, it would be much safer than flying a helicopter, because if one of them malfunctions, it will be able to land safely, and it is also capable of flying in a manner similar to conventional airplanes when moving horizontally.

The way I like to think about it is: it takes off like a helicopter, and flies a little more like a private jet.

you want to chase these high-flying, you know, crazy AI stocks or the Joby Aviation's of the world or some of those stocks, which I love Joby,

Joby dropped that report and the numbers tell a story of a company that's actually getting close to launch and they completed over 850 flights across five aircrafts last year, 2 and a.5% increase and became the first electric air taxi company to fly that routine pilotinhabited transition flight through the full envelope from vertical takeoff to cruise down to landing.