Joby's air taxi dreams soar closer to reality with public stock offering
Unlike other developers of electric vertical take-off and landing (eVTOL) aircraft, the Santa Cruz-based Joby sees itself as airborne taxi service, offering a ride-hailing app for customers to book Joby's air taxis. Joby's eVTOLs have one pilot and can seat up to four people.
Joby Aviation Stock Stalls After Public Offering
Joby Aviation Inc (NYSE:JOBY) stock is 13.3% lower to trade at $5.24 after the electric air taxi company priced an underwritten public offering of 40 million shares at $5.05 per share. JOBY is pacing for its worst single-session percentage drop since July 2023, and is now down 22% in 2024, though there's support from the $5.10 level in place.
Joby Aviation (JOBY) is down -13.7%, or -82c to $5.21. Published first on TheFly – the ultimate source for real-time, market-moving ...
If you want to stay updated on the latest options trades for Joby Aviation, Benzinga Pro gives you real-time options trades ...
Toyota's $500 million investment in Joby adds manufacturing expertise and deep financial resources to support long-term ...
The deal range was $5.00-$5.15. Morgan Stanley and Allen & Co. acted as joint book running managers for the offering. Published first on TheFly – the ultimate source for real-time, market-moving ...
SoFi Technologies, Tesla, Capri Holdings, Joby Aviation and Deckers Outdoor are the top five trending tickers on Stocktwits ...
Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with ...
Joby Aviation said that with the final rule, the FAA “lays the groundwork necessary for Joby to launch commercial passenger ...
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Flying taxis could soon be a reality in the U.S. after the Federal Aviation Administration (FAA) issued a final rule on ...
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