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Joby Aviation Goes Public

Joby plans to launch its all-electric aircraft in 2024. Joby Aviation
Gemini Sparkle

Key Takeaways:

  • Joby Aviation became the first U.S.-based eVTOL company to go public, listing on the New York Stock Exchange via a $6.6 billion SPAC merger.
  • The company aims to revolutionize aviation with emissions-free flights, planning to launch a commercial aerial ridesharing service by 2024 using eVTOL aircraft capable of 150-mile range and speeds up to 200 mph.
  • Joby is well-capitalized and has recently achieved a 150-sm flight on a single charge, alongside strategic partnerships with companies like Toyota and Uber.
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Air taxi startup Joby Aviation has officially become the first U.S.-based eVTOL company to be publicly traded.

Founder and CEO JoeBen Bevirt was at the New York Stock Exchange on Wednesday to ring the bell, signaling a start of the day’s trading and the company’s launch into the stock market.

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