Joby launches $200M public offering ahead of 2025 commercial eVTOL release

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Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing. Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare © 2024 TechCrunch. All rights reserved. For personal use only.

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