Loading...
Market
What will be Joby Aviation's market cap by December 31, 2024?
3
Resolution / Starting Odds
Above $10 billion • 25%
Between $5 billion and $10 billion • 25%
Between $1 billion and $5 billion • 25%
Below $1 billion • 25%
Stock market data from financial platforms like Yahoo Finance, Bloomberg
Story
Toyota Invests Additional $500 Million in Santa Cruz-Based Joby Aviation, Totaling $894 Million, Stock Rallies 22%
Oct 2, 2024, 01:10 PM
Toyota is investing an additional $500 million in Joby Aviation, a Santa Cruz-based electric air taxi startup. This investment aims to support the certification and commercial production of Joby's electric air taxis. The new funding brings Toyota's total investment in Joby to $894 million. Following the announcement, Joby's stock rallied by 22%. The investment will also establish a strategic manufacturing alliance between Toyota and Joby, furthering their shared vision of air mobility. Joby Aviation CEO Joeben Bevirt highlighted Toyota's long-standing dream of building aircraft for daily transportation and emphasized the incredible quality Toyota brings to aviation manufacturing.
View original story
Similar markets
Below $1 billion • 25%
$1 billion to $5 billion • 25%
$5 billion to $10 billion • 25%
Above $10 billion • 25%
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Outside Top 10 • 25%
Below $6 • 25%
$6 - $8 • 25%
$8 - $10 • 25%
Above $10 • 25%
Yes • 50%
No • 50%
Outperforms S&P 500 • 25%
Matches S&P 500 • 25%
Underperforms S&P 500 • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
