Joby Aviation Inc ( JOBY ) shares are surging Monday morning after announcing the successful completion of piloted, vertical-takeoff-and-landing flights of its electric air taxi in Dubai. This marks a significant milestone in the company’s plan to begin commercial operations in the region by 2026.

What To Know: The series of wingborne flights represents the start of Joby’s commercial market readiness efforts in the United Arab Emirates. The company is working closely with Dubai’s Roads and Transport Authority (RTA), having secured a six-year exclusive agreement to operate air taxis in the emirate.

Joby is advancing its plan to introduce its commercial services, connecting key locations like Dubai International Airport (DXB), Palm Jumeirah and Downtown Dubai.

Construction on the first vertiport at DXB, in partnership with Skyports Infrastructure, is underway and is slated for completion in the first quarter of 2026. These developments are a key part of Joby’s strategy to make clean, fast air travel a global reality.

Price Action: According to data from Benzinga Pro, JOBY shares are trading sharply higher Monday morning, reaching a new 52-week high of $11.15, a jump of over 17%. The stock saw heavy trading volume, well above its 100-day average.

Notably, short interest stands at 10.56% of the float, indicating a significant number of investors are betting against the stock, which can sometimes fuel sharp price increases during positive news events, a phenomenon known as a short squeeze. JOBY has a 52-week high of $11.15 and a 52-week low of $4.66.

Read Also: Why Joby and Archer Aviation Shares Are Soaring Thursday

How To Buy JOBY Stock

By now you're likely curious about how to participate in the market for Joby Aviation ( JOBY ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Joby Aviation ( JOBY ), which is trading at $10.75 as of publishing time, $100 would buy you 9.3 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Image: Shutterstock