Joby Aviation Soars on Strategic Funding From Toyota

Joby Aviation Soars on Strategic Funding from Toyota

Joby Aviation Inc. (NYSE: JOBY) shares surged approximately 5% in morning trading today, reaching a price of $10.03, following the announcement of a significant $250 million strategic investment from Toyota Motor Corporation (NYSE: TM). This funding marks a pivotal milestone in the long-term collaboration between the two companies and underscores their shared vision for the future of air mobility. The investment is part of a broader $500 million…

Dayton-tied Joby Aviation closes on $250M investment

Joby Aviation, a cutting-edge aviation firm with strong Dayton-ties, has closed on a multimillion dollar investment.