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Joby Tumbles On $513 Million Stock Offering After Air Taxi Demos
Joby AviationJoby Aviation(US:JOBY) Investors·2025-10-08 20:03

Joby stock threatened to shed some of October's healthy gains Wednesday after the air taxi maker announced a major stock offering. Joby Aviation (JOBY) said late Tuesday it will sell 30.5 million shares of its common stock at 16.85 per share, which should result in $513.9 million in gross proceeds. The electric vertical take off and landing (eVTOL) manufacturer plans… 10/07/2025Joby stock, Archer rally on air taxi demos at the California Airshow. Is Tesla jumping into the eVTOL industry? 10/07/2025Joby stoc ...