NYSE:JOBYAirlines
Joby Aviation (JOBY) Valuation Check After US$1.2b Capital Raise For Certification And Production Scale Up
Joby Aviation (JOBY) has just raised about US$1.2b through common stock and convertible notes, a funding step aimed at supporting FAA certification efforts and scaling production of its electric air taxis.
See our latest analysis for Joby Aviation.
The funding news comes after a sharp 32.35% 30 day share price return decline and a 26.74% negative year to date share price return. However, the 1 year total shareholder return of 35.22% and very large 3 year total shareholder return of around...