Electric vertical takeoff and landing (eVTOL) aircraft represent a potentially massive new transportation market. Both of these companies have secured major partnerships and are racing toward FAA certification.
Joby Aviation makes electric vertical take-off and landing (eVTOL) aircraft. Although it has flown several test flights, the technology is not yet FAA-approved.
Opendoor could expand and evolve into a more diversified real estate platform. Joby is establishing an early mover's advantage in the nascent eVTOL market.
Growth has become a tough sell for investors this fall. With a week to go in November, many growth stocks—particularly in the technology sector—are down sharply.
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