Cathie Wood Bets Big on Flying Taxis With Joby, Archer Trades—Invests in TSLA Robotaxi Rivals WeRide, Pony AI
ARK Invest buys millions in Joby and Archer eVTOL shares, while also investing in robotaxi firms like WeRide.
Stocks · News reference
What Is Going On With Joby Aviation Stock Today?
Joby Aviation stock rises modestly as traders weigh Blade news, the Archer legal dispute and a firmer broader market.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Archer Aviation Says Court Dismisses Some Of Joby's Trade Secret And Contract Claims, Lets Others Proceed; Archer's Counterclaims Against Joby Dismissed
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001824502/000182450226000078/achr-20260929.htm
8-K filing — Archer Aviation Inc. (ACHR)
Filed: 2026-10-02 AccNo: 0001824502-26-000078 Size: 175 KB Item 7.01: Regulation FD Disclosure
Joby Hit With Over $100 Million in Damages in IP Lawsuit Verdict
A federal jury in Florida awarded Aerosonic (TransDigm subsidiary) $116.9 million in damages against eVTOL maker Joby Aviation for violating a non-disclosure agreement and misappropriating trade secrets related to air data probe technology. The jury rejected all of Joby's counterarguments and found the misappropriation was willful and malicious. Despite the large verdict, analysts note the financial impact on Joby is likely minimal given its $2.3 billion cash position and existing burn rate.
Joby Aviation Files Resale Prospectus for 2.4 Million Earn-Out Shares Tied to Blade Acquisition
Joby Aviation stock edges higher as investors weigh a 2.42 million-share resale filing, flight demos and bearish technicals.