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.
As part of the investment, Toyota plans to support Joby with commercial manufacturing and certification support.
Toyota is increasing its support for Joby Aviation to get the ball rolling on eVTOL aircraft manufacturing plans.
46m
Analyst Amit Dayal of H.C. Wainwright maintained a Buy rating on Joby Aviation (JOBY – Research Report), retaining the price target of ...
Joby Aviation (JOBY) has received $500 million in additional funding from Toyota (TM), bringing Toyota's total investment in the aerospace company to nearly $1 billion. Joby Aviation CEO JoeBen Bevirt ...
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One example is Joby Aviation’s electric “air taxi.” Marketplace's Kai Ryssdal gets in the cockpit to try flying a simulated ...
A vision from The Jetsons seems to be one step closer to reality. OK, so it’s not exactly a flying car, but it’s pretty close. A California startup named Joby Aviation is developing an ...
Tom Carroll is a content creator for the Los Angeles Times. Before joining The Times in 2022, he created, produced and hosted ...
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