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Toyota Becomes Top Shareholder in Air Taxi Maker Joby
Toyota Motor Corp. has invested $250 million in Joby Aviation Inc., completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.Most Read from BloombergNYC Congestion Toll Brings In $216 Million in First Four MonthsNY Wins Order Against US Funding Freeze in Congestion FightThe investment,
MARINA — Joby Aviation has announced the closing of the first portion of $250 million from a previously announced strategic investment from Toyota Motor Corporation, marking a milestone in ...
After the recent surge, Joby Aviation stock has a market cap of $6.57 billion. It generates zero revenue. While the new air taxi product is potentially disruptive, investors should be cautious about ...
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Joby Aviation Up 28% But Here Is Where the Stock Could Go NextShares of Joby Aviation (NYSE: JOBY) are up more than 28%, or $1.83 on the day. Volume even spiked to 71.7 million shares, as ...
Joby Aviation, Inc. soars 20% after $250M Toyota investment, boosting finances and manufacturing. Click for more on JOBY ...
Toyota backs Joby’s air taxi push, GCC travellers get visa-free access to China, Etihad launches global race . Top 5 aviation stories of the week: Toyota backs Joby's air taxis, China lifts visas, ...
Toyota has made a huge purchase of shares in an air mobility company. However, it was not the only huge insider buying ...
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Archer vs. Joby: Which eVTOL Stock Aces in Urban Air Mobility?Demand for new-age air transport vehicles, such as electric vertical takeoff and landing (eVTOL) aircraft, has increased ...
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