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What will be Toyota's total investment in Joby Aviation by December 31, 2025?
3
Resolution / Starting Odds
Less than $1 billion • 25%
$1 billion - $1.5 billion • 25%
$1.5 billion - $2 billion • 25%
More than $2 billion • 25%
Toyota and Joby Aviation press releases
Story
Toyota Invests Additional $500 Million in Joby Aviation, Total Investment Reaches $894 Million, Stock Rallies 22%
Oct 2, 2024, 12:56 PM
Toyota has announced an additional $500 million investment in Joby Aviation, a California-based company developing electric air taxis. This investment aims to support the certification and commercial production of Joby's electric air taxis, bringing Toyota's total investment in the company to $894 million. Following the announcement, Joby Aviation's stock rallied by 22%. The funding is expected to enhance Joby's certification efforts and strengthen manufacturing ties between the automaker and the aviation startup. Toyota is doubling down on its commitment to Joby Aviation.
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Below $1 billion • 25%
$1 billion - $1.2 billion • 25%
$1.2 billion - $1.4 billion • 25%
Above $1.4 billion • 25%
Yes • 50%
No • 50%
Yes, with a US-based airline • 25%
Yes, with a non-US-based airline • 25%
No, no major deal • 25%
Other • 25%
Above $10 billion • 25%
Between $5 billion and $10 billion • 25%
Between $1 billion and $5 billion • 25%
Below $1 billion • 25%
Below $1 billion • 25%
$1 billion to $5 billion • 25%
$5 billion to $10 billion • 25%
Above $10 billion • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Below $6 • 25%
$6 - $8 • 25%
$8 - $10 • 25%
Above $10 • 25%