Deutsche Bank Cautious on Joby Aviation Inc (JOBY): 'Mixed reactions to $500m cap raise', Shares Up 25pct Today

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Go back to Deutsche Bank Cautious on Joby Aviation Inc (JOBY): 'Mixed reactions to $500m cap raise', Shares Up 25pct Today

Toyota To Invest $500 Million in Joby Aviation

October 2, 2024 8:45 AM EDT

Investment to be made in two equal tranches, with the first targeted to close later this year and the second in 2025Funds will support certification and commercial production of Joby's electric air taxiInvestment terms to include plans to establish a manufacturing alliance for the first phase of commercializationWill bring total investment from Toyota Motor Corporation in Joby to $894 million

TOYOTA CITY,... More