Jim Cramer on Joby Aviation: “I Think It’s Incredibly Speculative, And I’m in That Era of No More Magical Investing”

Joby Aviation, Inc. (NYSE:JOBY) is one of the stocks mentioned during the show, as we cover everything Jim Cramer said about the market. Expressing their bullish stance, a caller inquired about the company, and Cramer replied:

Okay, I am not as big a fan as you are. I think it’s incredibly speculative, and I’m in that era of no more magical investing. They’re losing too much money, and when companies are losing too much money, even if they have a very exciting idea, I’ve got to pull in my horns here because we have a very, very tough market, and we can’t deal with companies that are losing a lot of money.

A technical stock market chart. Photo by Energepic from Pexels

Joby Aviation, Inc. (NYSE:JOBY) designs and makes electric vertical takeoff and landing aircraft for use in aerial ridesharing. The company is also developing a related app. During the episode aired on November 11, 2025, a caller inquired about the stock, and Cramer responded:

No, they’re losing too much money, buddy. I absolutely love the idea, but they’re losing too much money. We already got a thing called helicopters, and that does us just fine.

While we acknowledge the risk and potential of JOBY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JOBY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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