From Yahoo Finance: 2025-05-30 16:34:00

Joby Aviation received a $250 million investment from Toyota, boosting its stock by 26.8%. The company is developing an electric air taxi, with Toyota’s funding aiding in certification and manufacturing. Joby Aviation, without revenue, burned $489 million in the last year. Despite potential disruption, caution is advised due to the stock’s $6.57 billion market cap. Investors should be wary of a product awaiting approval. Consider alternate investments as Joby Aviation may not provide substantial returns. The Motley Fool recommends exploring other options for potential growth.



Read more at Yahoo Finance: Why Joby Aviation Stock Soared 17.6% This Week