Joby Aviation (NYSE: JOBY) reached a historic milestone in its effort to bring "flying taxis" to the masses, and investors responded by sending the stock to higher altitudes.

Joby shares soared 34.9% in June, according to data provided by S&P Global Market Intelligence, after the company's aircraft took to the skies over Dubai ahead of a commercial rollout.

Image source: Joby Aviation.

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Source Fool.com