Sunday, April 26, 2026
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Cathie Wood Bets On Joby As Sean Duffy’s Advanced Air Mobility Push Targets Air Taxis, Medical Transport

Investor Cathie Wood-led ARK Invest has bought additional shares of Joby Aviation Inc. (NYSE:JOBY) , as the company announced it was partnering with the Federal Aviation Administration (FAA) amid the Department of Transportation’s (DOT) eVTOL push.
Urban Air Taxis
On Monday, Transportation Secretary Sean Duffy announced that the DOT was undertaking eight new projects as a part of the Advanced Air Mobility pilot program, sharing that the program will

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