Why It Matters: Uber competing more aggressively in the eVTOL space could put pressure on the numerous companies in the sector that have gone public including Archer Aviation Inc (NYSE:ACHR), Lilium NV (NASDAQ:LILM) and Joby. Electric vehicle company XPeng Inc - ADR (NYSE:XPEV) is also working on a flying car. One analyst called the eVTOL sector a trillion-dollar opportunity in April 2022. The renewed interest in the eVTOL sector by Uber could also put pressure on Lyft Inc (NASDAQ:LYFT) JOBY, UBER Price Action: Joby shares closed Thursday up 8.56% to $4.06 versus a 52-week range of $3.15 to $7.15 Uber shares closed Thursday up 2.38% versus a 52-week range of $19.90 to $43.92. Read Next: Elon Musk's Starlink Files For Data Imagery, GPS Location Trademarks: Why This Expert Says They're 'Something To Pay Attention To' Photo: Courtesy Joby Aviation