Joby Aviation shares pop 13% as electric air taxi maker closes $250 million Toyota investment

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Joby Aviation shares pop 13% as electric air taxi maker closes $250 million Toyota investment

cnbc.com/2025/05/28/joby-aviation-shares-toyota.html

Joby Aviation shares jumped 13% Wednesday after the maker of electric air taxis said it received $250 million from Toyota.
The payment is part of a previously announced deal from the carmaker to invest $500 million in the company to support certification and commercial production of its…

This story appeared on cnbc.com, 2025-05-28 13:11:49.