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Should you buy Joby Aviation stock
Why Joby Aviation Stock Is Flying High Today
Toyota, an existing Joby partner, apparently likes the progress Joby is making. The automaker has agreed to invest an additional $500 million through the purchase of two equal tranches of Joby stock, with the first expected to close later this year and the second in 2025.
Toyota makes another $500M investment in Joby Aviation
Shares of Joby Aviation (NYSE:JOBY) were launched more than 20% higher in Wednesday’s premarket trading thanks to another $500M investment by Japanese carmaker Toyota Motor Corp (NYSE:TM). The investment will enable Joby (JOBY) to expand its commercialization of an electric air taxi and bring Toyota’s (TM) total investment in Joby (JOBY) to $894M.
Joby Aviation Raises $500 Million from Toyota for Flying Taxis: Startup Funding Roundup
Joby Aviation raised $500 million from Toyota, the largest single round of funding for a flying taxi startup in years.
4d
on MSN
Toyota bets big on air taxis with $500M investment in Joby
Auto giant Toyota is investing another $500 million into Joby, which pioneered the first test flight of an air taxi over the ...
Benzinga.com
21h
Joby Aviation Soars With Toyota Investment and Analyst Support
Joby
Aviation's
JOBY
technology has been again validated. The latest
news
is a follow-on investment from Toyota Motor TM, one of the company's earliest investors and a long-time proponent of ...
electronics360.globalspec
23h
Toyota invests $500 million in air taxi startup Joby
Under the $500 million investment, Joby will use the funding to certify its aircraft and shift to commercial production. This ...
4d
Joby Aviation’s Electric Air Taxi Prepares For Takeoff
The California-based eVTOL startup is moving forward with manufacturing plans to produce electric air taxis, with help from ...
5d
Joby: Raise Provides A Clear Path To Commercialization
Joby's market capitalization already prices in considerable success, despite the fact that latent demand remains unknown. See ...
Gold Invest
5h
Joby Aviation: A vision about to become reality
Joby has now flown more than 30,000 miles with its prototypes which are designed to meet the uncompromising safety standards ...
1d
I toured an electric 'air taxi' that plans to launch in New York and Los Angeles as soon as 2025. See inside.
Joby wants to partner with airlines like Delta to connect airports and city centers in as little as seven minutes. Still, I'm ...
4d
on MSN
Waymo picks its next robotaxi, Joby lands more Toyota bucks, and Cybertruck notches its fifth recall
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
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