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MarketBeat
MarketBeat
Jeffrey Neal Johnson

Toyota Supercharges Joby: $250M Capital Infusion Ignites Stock

[content-module:CompanyOverview|NYSE:JOBY]

Joby Aviation (NYSE: JOBY) saw its stock price climb sharply on May 28, 2025. This surge followed a major announcement that has clearly excited investors about the electric air taxi developer's future. The company confirmed it has received the first $250 million part of a larger investment from automotive leader Toyota Motor Corporation (NYSE: TM).

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