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Joby Aviation (NYSE: JOBY) stock price has collapsed hard this year. Like other eVTOL companies like Liliumand Archer Aviation, it has crashed by over 25% in 2024 and by 35% in the past 12 months. It has plunged by over 57% from its highest level in 2023, giving it a market cap of over $3.8 billion. Market size concernsJoby Aviation, one of the biggest eVTOL companies in the industry, has made a lot of progress as it matches towards certification. It has become the first electric taxi company to have its final airworthiness published by the FAA. The company has also carried out intensive tests…

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