Will Joby Aviation be the next hundred bagger in the next 10 years?
Here are my key takeaways:
1. As this company is relatively new, and not even operating yet, there is no valuation to determine how much the company is worth.
2. When Tesla when public in 2010, the stock stayed stagnant for 10 years before taking off in 2020 to the moon. Similarly, Joby is currently in its early stage.
3. Compared to all the other EVTOL competitors in the market, Joby is the most tech-savvy one and is the company that is the most closest to being certified. The company is on the right track to providing its service by 2023.
3. As the company is still doing research on its EVTOL, more share dilution could happen in the coming years before they start providing their services and bringing in revenue.
4. The company has big funders who believe in it such as Toyota, Uber, Intel capital, and many more.
5. The founders shares are frozen until the share price is at $50, giving it a 30 Billion market cap. This shows that the management is fully vested in this project and will make sure they suceed.
Comments by me:
●As of now, it is too early to know whether the company will rocket to the moon. However, I do believe some day the company will suceed.
●There is not much competition in this EVTOL space, and Joby being the first may lead to its success.
● I do not hold any positions in the company as of currently. Looking forward to buy once the company starts operation. For now, lets wait and watch!
精彩评论
May be Company is future,but the stock price is now. the stock price hit my line,so, i cut my loss. i have to.