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MarketBeat
MarketBeat
Jordan Chussler

Uber and Joby Aviation Team Up: Game Changer or Hype?

Joby Joby Aviation Uber FAA MarketBeat

An estimated 110 million Americans are stuck in rush hour traffic every day, with drivers in highly congested cities losing as much as 100 hours per year to being stuck in traffic jams. 

That issue does not appear to be getting any better, either. Traffic congestion is on the rise in 70 of the 100 largest U.S. cities. But if U.S. Federal Aviation Administration (FAA) approval works out for Joby Aviation (NYSE: JOBY), help could be on its way. 

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