Cathie Wood is making another bold bet on the future of transportation, this time on electric air taxis. The ARK Invest founder has recently increased exposure to Joby Aviation, a company developing electric vertical takeoff and landing aircraft, or eVTOLs, designed to operate as air taxis. The move comes as momentum builds around advanced air mobility in the United States, with policymakers pushing to accelerate the development of next-generation aviation. Former congressman Sean Duffy has been actively promoting initiatives aimed at expanding the use of these aircraft for more than just passenger travel. The vision includes urban air taxi networks, rapid medical transport, and emergency response services that could drastically cut travel times in congested cities. Joby Aviation is one of the companies racing to make this concept a reality. Its aircraft are designed to take off like a helicopter but fly like an airplane, powered entirely by electricity. The goal is quieter, cleaner, a...