Joby Aviation JOBY touches $7.93, its lowest price since going public

Joby Aviation's stock touched $7.93 on July 8, 2026, matching its worst closing level since the electric air-taxi company went public. That price essentially erases any gains the stock built up during a run that briefly carried shares close to $19 earlier in the same trailing period, a peak that now looks distant given where the chart has settled.

The pressure on JOBY reflects a broader market dynamic: investors have grown increasingly reluctant to hold pre-revenue, cash-burning companies whose payoff depends on regulatory certification that has yet to arrive. Joby, as an eVTOL developer, has no commercial operations to cushion sentiment when risk appetite shrinks, leaving the stock highly exposed to any shift in how the market prices speculative growth.

The new low sits just a fraction below the prior extreme recorded on March 30, 2026, with the latest print coming in about 0.1% below that previous floor. Whether this level holds or gives way further will depend heavily on any news around Joby's certification progress or updates to its cash runway.