JOBY Stock Recent News

As we turn the corner into the final few weeks of the year, there are not going to be many stocks offering the kind of upside that Joby Aviation Inc NYSE: JOBY is. What's interesting is that its outlook hasn't been this bullish in a while.

Quick flights will be here before you know it.

Japanese automaker Toyota is boosting its investment in Joby Aviation by $500 million, bringing its total investment in the air taxi manufacturer to $894 million. Joby CEO JoeBen Bevirt joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.

The aviation company got a shot in the arm from a strategic investor.

Joby Aviation lands $500M from Toyota as it races to launch flying taxis.

Japanese auto giant Toyota Motor is investing $500 million in Joby Aviation to support the U.S. electric air taxi company's launch of commercial passenger services, which are slated to begin as soon as next year.

For Schaeffer's Cheap Seats: Stocks Under $20 segment, we're taking a look at Joby Aviation Inc (NYSE: JOBY) and Piedmont Lithium Inc (NASDAQ:PLL), both of which are making sizeable intraday moves.

Joby Aviation (JOBY, Financial) saw a significant rise, with shares increasing over 24% to $5.99. Toyota (TM) announced an additional investment of $500 million into Joby Aviation, aimed at supporting the certification and commercial production of its electric air taxis.

Toyota is adding to its stake in the so-called "flying car" start-up.

Toyota is doubling down on Joby Aviation with a $500 million investment into the California-based company that's developing electric air taxis. Toyota's total investment in Joby, which includes a $394 million capital injection back in 2020, is now $894 million.