From Yahoo Finance: 2025-06-03 11:28:00

Joby Aviation shares surged after forming a partnership with Saudi conglomerate Abdul Latif Jameel. They plan to explore distributing Joby’s air taxis in Saudi Arabia, with potential revenue opportunities in the Middle East. Joby aims to launch passenger service in Dubai by 2026. Shares rose 9% following the announcement.

Read more: Joby Aviation Stock Jumps on Agreement to Explore $1B Saudi Arabia Launch