Joby Aviation Secures Toyota Investment
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Technology
Air Taxi Maker Joby's Stock Soars on $250M Toyota Investment

78% Informative
Shares of Joby Aviation ( JOBY ) popped over 25% on Wednesday after the commercial air taxi developer said it closed a $250 million investment from Toyota Motor .
The investment is part of a larger $500 million commitment from the Japanese automaker announced in October .
Joby has partnered with Delta Air Lines and Uber to bring its commercial air taxis to U.S. markets.