Joby Aviation stock surged after new government initiatives supporting the eVTOL industry. Despite regulatory risks, the company stands to benefit. Shares rose 2.3% but gave up gains. Joby will participate in the White House’s eVTOL program, allowing easier market access without full FAA certification. The stock, with a $12 billion market cap, is high risk without revenue, but could appeal to investors looking for eVTOL exposure. The executive order and pilot program could aid in commercial flight business launch and defense applications. Joby wasn’t named in the 10 best stocks by Motley Fool, but Stock Advisor boasts a 1,056% average return compared to 188% for the S&P 500. They recommend joining to access the latest top 10 list.

Read more at Yahoo Finance: Joby Aviation Jumped Today — Is the Stock a Buy Right Now?