Joby Finalizes $232 Million Share Sale

Joby has raised roughly $3 billion to date, more than any other eVTOL startup.

Credit: Joby Aviation
Joby has finalized a share sale worth $232 million, adding to its industry-leading cash position as it seeks to prepare the way for type certification and entry-into-service of its S4 air taxi. The transaction saw Joby issue 40 million shares at $5.05/share, raising about $200 million. The...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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