Joby Buys Blade

Joby Aviation formally announced its acquisition of Blade Air Mobility’s passenger business in an all-stock deal, combining the electric aircraft pioneer with the country’s most recognizable urban air mobility brand. 

Blade’s assets will help Joby scale by offering terminal infrastructure, landing rights at key heliports (vertiports), FAA Part 135 operating certificates, and a premium customer base accustomed to air mobility services. 

The acquisition also grants Joby immediate access to Blade’s NYC and Southern European routes. 

Why It Matters

Most eVTOL startups are still in the certification phase. Joby now controls both the aircraft and the demand network. 

Blade’s asset-light business model, previously focused on chartering helicopters, will launch Joby’s electric aircraft pending certification. 

This isn’t just an air taxi acquisition. Joby is building a vertically integrated moat for Advanced Air Mobility. That said — All eyes remain on Dubai… 

In case you missed it, check out this conversation I had with Michelle Olson discussing the future of AAM.

Let The Charts Speak

Early this year, signs pointed to Archer as the winner. 

But something happened. And the market always sniffs these things out. 

We touched on the moment Archer flipped Joby in market cap. 

And in retrospect, Joby reclaiming its pole position shortly after was the signal. 

Joby’s recent certification acceleration and acquisition should not be overlooked. 

But eVTOLs are a mega trend, and the industry is in its infancy. No one knows 5 years from now who the winner will be. 

As growth investors, it’s irresponsible for us not to have exposure to both Archer AND Joby. 

Check out the Flying Car Composite featuring Archer + Joby. 

$JOBY is on fire! The stock is up +151% YTD and trading at an all-time high. Here’s the daily chart. 

And $ACHR has yet to break out of its 7-month range. Maybe there’s a catch-up trade waiting in the wings. 

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Godspeed – Rosebee

_{Disclosure: For informational purposes only. Not financial advice.}