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Far below the surface, where light no longer reaches and noise collapses into silence, the Sperm Whale endures.  It does not rely on speed or spectacle. It survives through mass, intelligence, and absolute awareness of its surroundings.  This project is shaped by the same principle — strength formed under pressure, movement guided by understanding, and conviction built where others cannot remain.  While the surface reacts, the deep decides.

The Sperm Whale

SPERMWHALE is driving intense community debate as traders split between bullish optimism over potential breakout momentum and warnings that the asset exhibits classic pump-and-dump characteristics. While some participants are actively tracking charts for a renewed leg up and attempting to coordinate buying pressure, others are cautioning against the risks of high volatility and unverified token projects.

Solphin

Solphin is gaining traction within the broader aquatic-themed meme coin sector as community members speculate on its potential for rapid growth following recent whale activity. Investors are actively discussing the token's market volatility and speculative prospects while calling for better charting support to help track price action.

Derpy dog on derp.trade 🐶| Long 🟢 and short 🔴 $DERPY with leverage up to 100X on derp.trade! https://app.derp.trade/coin/14bLBcB1iHUBGioLSwjbWBsP26nZKU16Qg44p5Vderp

Derpy

Derpy is capturing community attention as investors monitor its current price structure and momentum alongside broader activity within the Solana ecosystem.

$FUUU is a Solana-based memecoin that was launched on http://Pump.fun in March 2024. The project is themed around the Rage Guy character, a figure that originated in the rage comic era of the late 2000s and became widely recognized across internet culture. Following the launch, the original developer discontinued involvement with the token. At that point, the CTO team assumed responsibility for coordinating ongoing community efforts around the project.  The stated purpose of $FUUU is cultural rather than financial. It is designed as a “culture coin” that highlights Rage Guy as a symbolic and relatable figure. The character’s expression of frustration, commonly represented by the text “FFFFUUUU,” reflects emotions that are often tied to both cryptocurrency markets and everyday experiences. By building a token around this meme, the project aims to preserve a recognizable piece of internet history within a blockchain context.  Unlike projects that emphasize detailed roadmaps, technical milestones, or defined utility, $FUUU positions itself as a lighthearted and entertainment-driven token. There are no team allocations, no taxes, and no embedded promises of profit or financial return. The coin is intended solely for cultural engagement, community participation, and meme creation. Holders and community members are encouraged to contribute through content, discussion, and the continued use of Rage Guy imagery, but there are no obligations or formal expectations tied to the token.  The CTO team provides organizational support, and back end support such as hiring an artist and creatin websites, the community drives activity associated with the project. This includes creating and sharing memes, maintaining discussion channels, and ensuring the Rage Guy character remains present in contemporary internet culture. The project does not claim utility beyond its role as a culture coin, and its sustainability depends entirely on voluntary participation and ongoing community interest.  From a transparency standpoint, the on-chain parameters of the token are publicly visible. These include the mint authority status, freeze authority, liquidity details (whether burned or locked), and circulating supply information. Any locked or burn addresses are disclosed for the purpose of supporting accurate supply tracking on external platforms.  Rage Guy ($FUUU) should not be viewed as an investment. The token has no intrinsic value and provides no rights, revenue, or guarantees to holders. As with all cryptoassets, trading is highly risky, and participants are advised to conduct their own research and fully understand the risks involved. The project’s focus remains cultural preservation and community expression rather than financial

FUUUUUUUUUUUUUU

FUUU is trending as retail traders rally behind the highly volatile cryptocurrency, framing it as a defiant, speculative play against broader market frustration. While some participants are actively trading the coin for rapid gains and attempting to drive it to higher market caps, others are warning of potential volatility and risks typical of meme-centric assets.

PRIME is the native token of the Echelon Prime Foundation, a Web3 ecosystem advancing the next generation of gaming. Echelon creates and distributes tools to encourage innovation in, and promote the growth of, novel gaming models and economies. The first game to adopt and utilize PRIME is Parallel, a sci-fi trading card game.

Echelon Prime

Echelon Prime is trending as investors actively discuss its role in the Web3 gaming ecosystem and anticipate a strong price reversal. The community is focused on accumulation strategies, citing the token's utility in player economies and potential for significant growth alongside broader altcoin market recovery.

The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible with GraphQL. Developers can use Graph Explorer to search, find, and publish all the public data they need to build decentralized applications. The Graph Network makes it possible to build serverless dApps that run entirely on public infrastructure.  GRT is the native token of the network that’s used to coordinate work. GRT is an ERC20 token. Node operators, called Indexers, stake and earn GRT for processing queries. Anyone can delegate GRT to Indexers to secure the network and earn rewards. Curators organize data on The Graph by signaling GRT on useful APIs, called subgraphs. Indexers, Delegators, and Curators work together to organize the data for the crypto economy and maintain a useful global API for DeFi and Web3.

The Graph

The Graph is attracting significant community attention as investors debate its potential for a turnaround, fueled by recent protocol upgrades, increased developer activity, and its role in indexing data for AI and enterprise applications. While some community members remain skeptical due to past price dilution, others are actively accumulating tokens, viewing current levels as an undervalued entry point for a potential breakout within the broader altcoin market.

Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin.  Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience.  Why was Bitcoin Cash Created?  The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions.  Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today.  Nov 16th 2018: A hashwar resulted in a split between Bitcoin SV and Bitcoin ABC

Bitcoin Cash

Bitcoin Cash is capturing investor attention as community members debate its potential to decouple from broader market trends and retest key resistance levels. Discussions are heavily focused on its resilience, upcoming network upgrades, and ongoing speculation regarding whether it can reclaim previous cycle highs.

Solana is a high-performance Layer 1 blockchain designed for mass adoption by providing a fast, secure, and low-cost environment for decentralized applications. It distinguishes itself by scaling globally without the use of complex sharding or multiple layers, instead maintaining a single, unified ledger to avoid liquidity fragmentation. This architecture allows it to process thousands of transactions per second with sub-second finality, often at a cost of less than a penny per transaction.  The network operates on a unique hybrid model that combines Proof of Stake with an innovation called Proof of History, which functions as a decentralized clock to timestamp transactions. This system reduces the need for constant node communication, allowing the Sealevel engine to run non-conflicting smart contracts in parallel across multiple CPU cores. Further efficiency is gained through the Gulf Stream protocol, which reduces confirmation times by forwarding transactions to validators before the current block is finished.  Founded in 2017 by Anatoly Yakovenko, Solana is now supported by the Switzerland-based Solana Foundation and significant institutional investors like Andreessen Horowitz and Polychain Capital. The platform’s native token, SOL, serves as the primary currency for paying transaction fees, participating in network governance, and securing the system through staking.   Solana has also seen significant institutional adoption ranging from spot Solana ETFs to major partnerships including Visa's 2025 launch of USDC settlement on the network and the tokenization of public equity by firms like Galaxy Digital.

Solana

Solana is generating significant momentum as the community reacts to its formal classification by regulators as a digital commodity rather than a security, reinforcing its position within the institutional-grade crypto landscape. Investors are actively discussing the ecosystem's resilience and long-term potential, with many highlighting its low-fee, high-throughput utility for AI and decentralized finance applications as key drivers for future growth.

|The Artificial Superintelligence (ASI) Alliance is the world’s largest open-source initiative dedicated to decentralized Artificial General Intelligence (AGI). Formed in April 2024, the ASI Alliance unites SingularityNET, Fetch.ai, and Ocean Protocol, with CUDOS joining as a network member shortly after. The ASI Alliance was established through a community-approved tokenomic merger—combining $AGIX, $FET, and $OCEAN into a single token: $FET. This unified token underpins a collaborative framework designed to scale open-source AI and stand as the largest open-sourced, independent entity in AI research and development. The Alliance is committed to accelerating the advancement of decentralized Artificial General Intelligence (AGI) and, ultimately, Artificial Superintelligence (ASI). It provides a robust, open-source innovation stack, empowering developers, enterprises, and researchers globally to build ethical, scalable, and groundbreaking AI solutions. This ensures that advanced intelligence remains a shared, accessible resource, fostering innovation beyond centralized systems and promoting a future where AI benefits all.

Fetch.ai

Fetch.ai is generating intense community debate as investors weigh long-term AI infrastructure potential against ongoing price volatility and frustrations over recent token mergers. While many participants remain bullish on the project's real-world partnerships and agent-based utility, others are actively tracking technical support levels and expressing skepticism regarding recent market performance.

The Aircoin memecoin was born from a viral Twitter post from March, 2014 which proclaimed the following:   Evolution: 1. Aircoin 2. Fartcoin 3. Artcoin  Aircoin was launched in August, 2025 and CTO'd twice, with the second CTO team bringing vast experience and expertise to the project. The team includes industry veterans and visual arts professionals.  Aircoin is destined for greatness as a premier memecoin on the BONK.fun platform.

aircoin

Aircoin is seeing intense community-driven momentum as investors rally around its unique "PvE" (player-versus-environment) model and significant supply lockups through the Airlock protocol. The community is actively showcasing high conviction in the project's long-term potential, frequently citing daily grind, transparent leadership, and strategic positioning as key drivers for its climb in trending status.

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Space ETFs Draw Attention as Billions Flow Into Low Earth Orbit

Space economy gains traction as billions flow into LEO, boosting space ETFs amid rising satellite launches, along with expanding commercial and defense demand.

<ul class="summary-bullets"><li>The decision disclosed during the company’s third-quarter earnings call will allow the Space Force to reopen the SCAR program to competitive bids.&nbsp;</li><li>The contract was not terminated due to technical issues, but rather because of disagreements over the program’s financial terms and structure.</li><li>AeroVironment recorded a $151 million non-cash goodwill impairment in Q3 tied to SCAR.</li></ul>AeroVironment Inc. (AVAV) stock received a sharp blow after a major U.S. defense contract tied to space technology was abruptly halted. During its third-quarter (Q3) 2026 earnings call on Tuesday, the company’s CEO, Wahid Nawabi, confirmed that the U.S. Space Force terminated the agreement, triggering investor concerns.&nbsp;The cancellation did not stem from technical shortcomings but from disagreements over the program’s financial framework.<blockquote>“Therefore, the U.S. Space Force has concluded to terminate our existing contract for convenience, pay us for our allowable incurred cost with a fee and enable AV to recompete for the program with their revised requirements and our proposed solution."-Wahid Nawabi, Chairman, President &amp; CEO, AeroVironment</blockquote>AeroVironment stock traded over 9% lower in Wednesday’s premarket.&nbsp;<h2 class="st-heading-2">What Is The SCAR Program About?&nbsp;</h2>The SCAR program is a U.S. Space Force initiative designed to modernize how the military communicates with satellites. Its goal is to replace aging, fixed parabolic dish antennas with modern phased-array antennas, specifically the BADGER system.Unlike traditional dishes that must physically move to track a satellite, phased-array antennas use software to electronically steer their beams. This allows one ground station to track multiple satellites simultaneously. AeroVironment inherited this contract as part of its $4.1 billion acquisition of BlueHalo in May 2025.&nbsp;<h2 class="st-heading-2">SCAR Program Termination: The Financial Hit</h2>Last week, the U.S. Space Force said it is reopening the project to competitive bids, a move that could invite participation from larger defense contractors.&nbsp;The latest termination decision significantly affected AeroVironment’s financial outlook. The company recorded a $151 million non-cash goodwill impairment in Q3 tied to SCAR, as in January, AeroVironment was instructed to halt activities under its agreement to supply BADGER phased-array antenna systems intended for the initiative.AeroVironment also trimmed its 2026 outlook, forecasting annual revenue between $1.85 billion and $1.95 billion while cutting projected earnings per share to a range of $2.75 to $3.10.Retail Traders Are Watching The DipOn Stocktwits, retail sentiment around the stock remained in ‘neutral’ territory while message volume jumped to ‘extremely high’ from ‘normal’ levels in 24 hours.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_03_11_064240_png_be42749f25.webp" alt="AVAV’s Sentiment Meter and Message Volume as of 06:15 a.m. ET on Mar. 11, 2026 | Source: Stocktwits" width="928" height="100"><figcaption>AVAV’s Sentiment Meter and Message Volume as of 06:15 a.m. ET on Mar. 11, 2026 | Source: Stocktwits</figcaption></figure>The stock saw a 310% surge in retail message over the last 24-hour period.&nbsp;&nbsp;A bullish Stocktwits user said it is time for a rebound.&nbsp;<stembedurl>https://stocktwits.com/maxD2016/message/647195278</stembedurl>Another user said they would take a sizable position because they believe the drop from about $400 to $200 over the SCAR program development is overblown.&nbsp;<stembedurl>https://stocktwits.com/Sleepygsx/message/647193206</stembedurl>AVAV stock has gaine dover 78% in the last 12 months.&nbsp;Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/orcl-vs-crm-is-heating-up-oracle-now-has-3-products-that-salesforce-doesn-t-says-co-ceo/cZdArybRIJB">ORCL Vs CRM Is Heating Up: Oracle Now Has 3 Products that Salesforce Doesn't, Says Co-CEO</a>

In this photo illustration, the AeroVironment logo is seen displayed on a smartphone screen. 

AVAV Stock Faces Selloff After Space Force Ends SCAR Contract, But Retail Says Time For ‘Rebound Now’

AeroVironment Inc company’s CEO, Wahid Nawabi, confirmed that the U.S. Space Force terminated the agreement, prompting investor concerns. 

Equity

The company’s CEO, Wahid Nawabi, confirmed that the U.S. Space Force terminated the agreement, prompting investor concerns. 


<ul class="summary-bullets"><li>Cathie Wood’s ARK Investment bought 27,759 Joby shares across its ARKQ and ARKX ETFs, investing about $278,900.</li><li>Joby gained attention after being selected for the White House-backed eVTOL Integration Pilot Program.</li><li>The company is also advancing FAA certification, with its first FAA-conforming aircraft expected to fly shortly.</li></ul>Shares of Joby Aviation Inc. (JOBY) rallied to their best day in a month on Monday as investors cheered new plans for early air taxi operations across several U.S. states, while Cathie Wood’s ARK Investment Management continued loading up on the stock.<a href="https://stocktwits.com/symbol/JOBY">JOBY stock</a> snapped two sessions of losses on Monday to end over 5% higher at $10.04. Shares also gained another 4% in extended trading.&nbsp;<h2 class="st-heading-2">Cathie Wood’s ARK Adds Joby Shares</h2>ARK Investment purchased additional JOBY shares on Monday through two of its exchange-traded funds, according to the&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/ArkkDaily/status/2031159192849985661">Ark Invest Tracker</a> on X. The&nbsp;<a href="https://stocktwits.com/symbol/ARKQ">ARK Autonomous Technology &amp; Robotics ETF (ARKQ)</a> bought 20,309 shares, while the&nbsp;<a href="https://stocktwits.com/symbol/ARKX">ARK Space Exploration &amp; Innovation ETF (ARKX)</a> added 7,450 shares, bringing the combined purchase to 27,759 shares.As per Joby Aviation’s last closing price, Wood invested about $278,900 in the company through the latest purchases,&nbsp;which came alongside other portfolio moves, including buying DraftKings shares while selling holdings in companies such as Nextdoor Holdings, PagerDuty, and Dassault Systèmes.The latest transaction extends a&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/joby-stock-heads-for-weekly-loss-cathie-wood-scoops-835-k-shares-in-buying-spree/cZdhrW3RIEi">broader buying streak</a> for the electric air taxi developer. Over three sessions last week, ARK accumulated more than 835,000 Joby shares, worth roughly $8 million based on recent closing prices.<h2 class="st-heading-2">White House eVTOL Program Backs Joby</h2>Investor attention turned to Joby’s after the company said it had been&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/joby-shares-rise-after-hours-on-potential-launch-in-multiple-us-cities-in-2026/cZdVUbERIe4">selected</a> as a partner in several winning applications under the White House-backed Electric Vertical Takeoff and Landing Integration Pilot Program (eIPP).The program will accelerate the rollout of electric air taxis in the U.S. by coordinating regulatory work between federal agencies and local authorities. Joby said the initiative could allow it to begin early operations as soon as 2026 in states including Arizona, Florida, Idaho, New Jersey, New York, North Carolina, Oklahoma, Oregon, Texas and Utah.The projects will now move into an Other Transaction Authority (OTA) stage, where agreements and operational details will be finalized. Flights are expected to begin within about 90 days after those agreements are completed.Joby is also progressing toward full certification from the Federal Aviation Administration. The company said its first FAA-conforming aircraft for Type Inspection Authorization (TIA) testing is expected to fly shortly, with FAA pilots expected to conduct certification test flights later this year.The aircraft has already logged more than 9,000 miles of flight testing, including piloted flights that take off vertically, transition to wingborne cruise, and return to vertical landing.<h2 class="st-heading-2">Joby Sees Strong Global Demand</h2>The developments follow Joby’s latest quarterly results, where the company reported fourth-quarter (Q4) revenue of $30.8 million, compared with $500,000 a year earlier."We continue to see significant demand for our product across the globe and during the quarter we signed a range of deals that will support early operations in key markets,” the company said in its quarterly report.&nbsp;Joby expects to carry its first passengers in Dubai later this year, while a partnership with Uber will eventually allow riders to book electric air taxi flights directly through the Uber app.To meet expected demand, the company plans to scale manufacturing to four aircraft per month by 2027, supported by expanded facilities in Marina, California, and Dayton, Ohio.<h2 class="st-heading-2">How Did Stocktwits Users React?</h2>On Stocktwits, retail sentiment for JOBY shifted to ‘extremely bullish’ from the ‘bearish’ zone over the past day amid a 139% surge in 24-hour message volume.<figure class="image"><img src="https://news.stocktwits-cdn.com/joby_ss_png_08016b63a3.webp" alt="joby ss.png" width="965" height="148"><figcaption>JOBY sentiment and message volume as of March 9 | Source: Stocktwits</figcaption></figure>One bullish user&nbsp;<a href="https://stocktwits.com/DeMampCamp/message/647061087">said</a>, “If this gets anywhere close to $10 tomorrow, I’ll be dumping $100K into it.”<stembedurl>https://stocktwits.com/DeMampCamp/message/647061087</stembedurl>Another user&nbsp;<a href="https://stocktwits.com/Bro_Care/message/647070873">speculated</a> that the “price action indicates something big is looming here.”<stembedurl>https://stocktwits.com/Bro_Care/message/647070873</stembedurl>JOBY stock has jumped 52% over the past year.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, the logo of Joby Aviation, Inc. is displayed on a smartphone screen with a stock market chart in the background, on May 04, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)

JOBY Stock Jumps To Best Day In A Month: Cathie Wood’s ARK Loads Up Amid White House eVTOL Program Boost

ARK Investment extended its broader buying streak, accumulating more than 835,000 shares last week.

<ul class="summary-bullets"><li>The sensor will be placed aboard a dedicated satellite in low Earth orbit and is expected to launch in 2030, Infleqtion said.</li><li>Infleqtion will design and integrate the sensor’s quantum core.</li><li>Churchill X has scheduled a shareholder meeting for Feb. 12, 2026, to seek approval for the merger deal with Infleqtion.</li></ul>Shares of special purpose acquisition company Churchill Capital Corp X (CCCX) jumped more than 15% on Tuesday after its merger target, Infleqtion, announced a partnership with NASA to send the world’s first quantum gravity sensor into space.Infleqtion and CCCX signed a definitive business combination agreement last September to go public under the ticker INFQ. CCCX is backed by veteran Wall Street dealmaker&nbsp;Michael Klein.<h2 class="st-heading-2">Infleqtion’s Tie-Up With NASA</h2>Infleqtion and NASA will collaborate to launch a quantum gravity sensor into space as part of the Quantum Gravity Gradiometer Pathfinder (QGGPf) mission. The sensor will be placed aboard a dedicated satellite in low Earth orbit and is expected to launch in 2030. Infleqtion will design and integrate the sensor’s quantum core, which uses ultracold atoms to deliver highly precise readings.The mission is designed to demonstrate advanced technology capable of measuring subtle changes in Earth’s gravitational field. These measurements can help scientists track shifts in water, ice, land, and natural resources, offering valuable insights into planetary health and long-term environmental trends. Led by NASA’s Jet Propulsion Laboratory, the project has secured more than $20 million in funding.<h2 class="st-heading-2">What’s The Latest On The Business Combination?</h2>Last month, Infleqtion said that the U.S. Securities and Exchange Commission (SEC) declared its joint registration statement with Churchill Capital Corp effective. Churchill X has scheduled a shareholder meeting for Feb. 12, 2026, to seek approval for the deal, which is expected to close in the first quarter of 2026.The transaction could generate more than $540 million in gross proceeds, including over $125 million from a private investment in public equity (PIPE).<h2 class="st-heading-2">How Did Stocktwits Users React?</h2>Retail sentiment on Stocktwits turned ‘extremely bullish’ from ‘bullish’ a day earlier, amid ‘extremely high’ message volumes. <a href="https://stocktwits.com/symbol/CCCX">CCCX</a> was among the top trending tickers on the platform.<img src="https://news.stocktwits-cdn.com/CCCX_jpg_c44817bce4.webp" alt="CCCX.jpg">One user was bullish about the NASA tie-up, expecting the stock to surge to $20. It is currently trading at $12.5.<stembedurl>https://stocktwits.com/drock4567/message/644545623</stembedurl>CCCX shares have declined by nearly 20% so far in 2026.Read also: <a href="https://stocktwits.com/news-articles/markets/equity/sidu-stock-gains-pre-market-partnership-with-simera/cZbUI6iR4YC">SIDU Stock Gained 5% In Pre-Market Today – What Is The Deal With Simera Sense About?</a> For updates and corrections, email newsroom[at]stocktwits[dot]com.

Planet Earth and high speed binary data network. (Photo: NASA/Getty Images)

This Michael Klein-backed SPAC Shot Up 15% Today – What’s The Connection With NASA?

Churchill Capital Corp’s merger target, Infleqtion, announced a partnership with NASA to send the world’s first quantum gravity sensor into space.

<ul class="summary-bullets"><li>Joby Aviation announced the pricing of concurrent public offerings, totaling about $1.2 billion.</li><li>Morgan Stanley also has a delta offering of 5,286,343 shares to raise $60 million, while underwriters also have an option to purchase additional notes worth $90 million.</li><li>Joby’s public offering of shares at a price of $11.35 is at a discount of a little over 15% compared to the stock’s closing price of $13.37 on Wednesday.</li></ul>Joby Aviation Inc. (JOBY) shares declined more than 11% in Thursday’s pre-market trade after the company announced an upsized public offering as part of its latest capital raise.Joby Aviation announced the pricing of concurrent public offerings totaling about $1.2 billion. The company will issue 0.75% convertible senior notes due 2032 to raise an aggregate amount of $600 million and 52,863,437 shares of its common stock at a public offering price of $11.35 to raise $600 million.Furthermore, Morgan Stanley also has a delta offering of 5,286,343 shares to raise $60 million. Underwriters also have an option to purchase additional notes worth $90 million, the company said.Joby’s public offering of shares at a price of $11.35 is at a discount of a little over 15% compared to the stock’s closing price of $13.37 on Wednesday.Joby had previously announced a $1 billion capital raise, following which the company’s shares plunged nearly 11% during the after-market hours trade on Wednesday.<h2 class="st-heading-2">Why Is Joby Raising Funds?</h2>Joby stated that it intends to use $55 million from the capital raise proceeds to fund the cost of entering into capped call transactions.The company intends to use the remaining funds raised, after deducting the cost of the capital raise, to fund its certification and manufacturing efforts, prepare for commercial operations, and support general working capital and other general corporate purposes.<h2 class="st-heading-2">What Does Joby Do?</h2>Joby makes electric vertical takeoff and landing aircraft, or eVTOLs – these vehicles, dubbed air taxis, take off and land vertically like helicopters.Joby describes its aircraft experience as akin to a sports utility vehicle (SUV) rather than an airplane, which is where its “air taxi” moniker comes from.The company says its aircraft have the capacity for a single pilot and four passengers, with a top speed of 200 miles per hour.<h2 class="st-heading-2">How Stocktwits Users Reacted</h2>Retail sentiment on Stocktwits around&nbsp;<a href="https://stocktwits.com/symbol/JOBY">Joby Aviation</a> was in the ‘bullish’ territory, with message volumes at ‘high’ levels at the time of writing.One bullish user suggested looking at the bigger picture rather than focusing on the stock declines.<stembedurl>https://stocktwits.com/sleighofhand/message/643224487</stembedurl>However, one bearish user stated that Joby stock would hover above $30 if the company did not undertake back-to-back offerings.<stembedurl>https://stocktwits.com/SxySarah/message/643249976</stembedurl><a href="https://stocktwits.com/symbol/JOBY">JOBY stock</a> is up 1% year-to-date and 60% over the past 12 months.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/why-is-rgnx-stock-falling-today/cmyg4cKR404">RGNX Stock Is Falling Today — What Is The FDA Update On REGENXBIO's Gene Therapy?</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Visitors view a Joby Aviation full-scale electric vertical takeoff and landing aircraft (eVTOL ) air taxi is displayed during the Farnborough International Airshow 2024.

JOBY Stock Is Falling Pre-Market — What Is Dragging The Electric Air Taxi Developer's Shares Down?

Joby Aviation announced that it is upsizing its public offering, raising $1.2 billion in the process as it looks to fund its certification and manufacturing efforts, as well as commercial operations.

Space ETFs Look Set for Continued Lift-Off Following Record Year

ARKX and other space ETFs are riding a surge as the S&P Kensho Space Index posts a record year, fueled by rising investment and defense focus.

ETFs to Consider Amid Geopolitical Woes and Higher US Military Budget 

Trump's $1.5T military budget and rising global tensions could lift defense ETFs and spill over into cybersecurity, AI, manufacturing and space ETFs.

Invest in Tomorrow's Space Economy With These ETFs

The space economy is taking off as innovation, SpaceX IPO buzz and Moon missions fuel sector growth. Here are ETFs to ride the sector's rapid growth and momentum.

Space ETFs Poised to Boost Your Portfolio Gains

The S&P Kensho Space Index's stellar rally, fueled by record $3.5B in global funding, signals booming investor confidence in the space economy.

Space Exploration ETF (ARKX) Hits New 52-Week High  

ARKX surges to a new 52-week high, soaring nearly 97% from its low as space exploration investments fuel momentum.

ARK ETF Trust - ARK Space & Defense Innovation ETF

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