Loading...
Market
What will be the market reaction to Joby's first eVTOL flight?
2
Resolution / Starting Odds
Stock price increases by 10% or more • 25%
Stock price decreases by 10% or more • 25%
Stock price remains stable (+/- 10%) • 25%
Other • 25%
Stock market data from financial platforms like Bloomberg or Yahoo Finance
Story
Joby Aviation Enters $300M Equity Distribution Agreement with Morgan Stanley, Allen & Co. Ahead of eVTOL Release
Dec 10, 2024, 09:13 PM
Joby Aviation has entered into an equity distribution agreement allowing for the sale of up to $300 million in common stock. The agreement involves financial institutions Morgan Stanley and Allen & Co. as agents, who will receive a 3% commission on gross sales. The sales will occur over time without any specific obligation to sell a predetermined amount. This move is part of Joby’s strategy as it prepares for the commercial release of its electric vertical takeoff and landing (eVTOL) aircraft in 2025.
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%
Q1 2025 • 25%
Q2 2025 • 25%
Q3 2025 • 25%
Q4 2025 • 25%
Yes • 50%
No • 50%
Above $10 billion • 25%
Between $5 billion and $10 billion • 25%
Between $1 billion and $5 billion • 25%
Below $1 billion • 25%
Increase by 5% or more • 25%
Increase by less than 5% • 25%
No significant change • 25%
Decrease • 25%
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Outside Top 10 • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Outperforms S&P 500 • 25%
Matches S&P 500 • 25%
Underperforms S&P 500 • 25%
Other • 25%
Below $6 • 25%
$6 - $8 • 25%
$8 - $10 • 25%
Above $10 • 25%