While Joby's stock has badly underperformed the S&P 500 in 2024 (see graph below), the long-term potential remains ...
However, with over $2 billion raised before Toyota’s recent investment, Joby is one of the better-capitalized players, offering a cushion against some of these challenges. Joby’s vertically ...
Electric air taxi production is receiving a big boost from Toyota. The motor company has awarded Joby Aviation an additional ...
It’s not science fiction anymore: New York City could, in the near future, see air taxis buzzing around the skies.
Under the $500 million investment, Joby will use the funding to certify its aircraft and shift to commercial production. This ...
On Wednesday, Toyota Motor Corporation and Joby Aviation, Inc. announced that Toyota will invest an additional $500 million ...
The investment comes at a time when Joby is ramping up production for its five-seat electric air taxis. Toyota is now Joby's ...
The stocks of the biggest and most visible players in this emerging field of aviation technology have averaged a return of negative 22.2% this year ... industry is Joby Aviation (NYSE: JOBY).
Joby has now raised a total of $2.5 billion in funding, according to Crunchbase. The startup went public in 2021 at a valuation of $4.5 billion through a merger with a special purpose acquisition ...
Depending on how costs ramp in coming quarters, Joby has sufficient capital to finance its operations for around the next 2 years, which will probably coincide with the company's revenue ramp.
Fresh on the heels of a $500 million investment announcement from Toyota, Joby Aviation on Thursday unveiled a prototype of its electric air taxi in the middle of Grand Central Station ...