Joby Aviation Inc

Joby Aviation’s stock surged 29% after Toyota invested $250 million, marking a significant vote of confidence in the company’s eVTOL aircraft and air taxi service.

Joby Aviation’s shares surge 9.4% in pre-market trading after Toyota invests $250 million, solidifying the company’s position as a leader in the electric vertical takeoff and landing (eVTOL) aircraft market.