Joby Aviation Inc Stock Price, News & Analysis

Joby Aviation (NYSE: JOBY) announced the closing of an underwritten offering on October 9, 2025 that sold 35,075,000 shares of common stock at $16.85 per share, including 4,575,000 shares issued upon full exercise of the underwriters' option. The offering generated gross proceeds of approximately $591.0 million before underwriting discounts, commissions, and offering expenses. Morgan Stanley acted as book-running manager. A Form S-3 registration statement filed October 24, 2024 became automatically effective; the offering was made by prospectus and all shares were sold by the company.

Joby Aviation (NYSE: JOBY) priced an underwritten offering of 30,500,000 common shares at $16.85 per share, for gross proceeds of approximately $513.9 million. The company granted the underwriter a 30-day option to buy up to an additional 4,575,000 shares.

The offering is expected to close on October 9, 2025, subject to customary conditions. Joby intends to use net proceeds, together with existing cash and short-term investments, to fund certification and manufacturing, prepare for commercial operations, and for general working capital and corporate purposes. Morgan Stanley is the book-running manager.

Joby Aviation (NYSE: JOBY) announced an underwritten offering to sell $500.0 million of common stock, with a 30-day underwriter option to purchase up to an additional $75.0 million. All shares are being offered by Joby; Morgan Stanley is book-running manager. Joby intends to use net proceeds, together with existing cash and equivalents, to fund certification and manufacturing, prepare for commercial operations, and for general working capital and corporate purposes. The offering is subject to market conditions and may not be completed or priced as described.

Joby (NYSE:JOBY) completed three public demonstration flights between Marina (OAR) and Salinas (SNS) during the California International Airshow on October 6, 2025, showcasing vertical takeoff, cruise transition, precise hovers, and vertical landings with a pilot onboard.

The flights highlighted the aircraft's quiet operation and operational maturity as Joby prepares for FAA type inspection authorization flight testing early next year. Joby said it has flown over 40,000 miles in urban air mobility demonstrations worldwide and will continue community engagement at the Dubai Airshow, Nov 17–21, 2025.

Joby Aviation (NYSE:JOBY) and ANA Holdings successfully conducted a public flight demonstration of Joby's electric air taxi at Expo 2025 Osaka. The historic demonstration, featuring over 20 planned flights across 13 days, showcased the aircraft's vertical takeoff, wingborne flight, and vertical landing capabilities.

The aircraft, sporting ANA livery, can transport up to 4 passengers and a pilot at speeds of 200 mph. This milestone marks a crucial step in developing Japan's air taxi ecosystem, with plans for a phased rollout starting in Tokyo. The partnership aims to establish vertiports, pilot training programs, and maintenance support networks.

Joby Aviation (NYSE:JOBY) has announced a strategic partnership with RAKTA and Skyports Infrastructure to launch an air taxi service network in Ras Al Khaimah (RAK) by 2027. The collaboration will establish an inter-emirate corridor connecting Dubai to RAK, with the first vertiport planned at Al Marjan Island.

The service will utilize Joby's all-electric vertical takeoff and landing (eVTOL) aircraft, capable of carrying a pilot and up to 4 passengers at speeds of 321 kph. The journey from Dubai International Airport to Al Marjan Island could be reduced from over an hour to less than 15 minutes.

This initiative aligns with RAK's 2030 Mobility Master Plan and builds on Joby's extensive flight test program, which has accumulated over 40,000 miles. The company plans to begin carrying its first passengers in Dubai by 2026.

Blade Urban Air Mobility, a division of Joby Aviation (NYSE:JOBY), has been named the Official Air Mobility Partner for the 2025 Ryder Cup at Bethpage Black Course in Farmingdale, NY. The company will execute one of the largest civilian helicopter operations in U.S. history, transporting approximately 3,000 passengers over four days.

The service will connect Manhattan and surrounding areas to Blade's dedicated Vertiport at Bethpage through 15 landing zones. Passengers will enjoy exclusive amenities including the Blade Ryder Cup Lounge with VIP features and direct golf-cart transfers. Additionally, Joby Aviation will showcase its next-generation electric air taxi with an augmented reality flight simulator, highlighting the future transition to eVTOL aircraft.

The partnership transforms a hours-long drive into a 12-minute flight, available through the Blade app for both individual seats and private charters.

Joby Aviation (NYSE:JOBY), a leading air taxi developer, announced its participation in the White House eVTOL Integration Pilot Program (eIPP). This initiative allows mature eVTOL aircraft to operate in select markets before full FAA certification, accelerating the path to commercial service.

The company showcases strong operational readiness with over 40,000 miles of flight testing and nearly 600 flights in 2025. Joby is in the fourth of five stages of FAA Type Certification and plans to begin flight testing with FAA pilots next year. The company is expanding its manufacturing capabilities, with facilities in Marina, California capable of producing up to 24 aircraft annually across 435,000 square feet.

Joby Aviation (NYSE:JOBY) and Uber (NYSE:UBER) announced plans to integrate Blade's air mobility services into the Uber app by 2026, following Joby's acquisition of Blade's passenger business in August 2025. This integration builds upon their existing partnership since 2019, which included Joby's acquisition of Uber's Elevate division in 2021.

Blade's network served over 50,000 passengers in 2024 across New York metropolitan area and Southern Europe. The partnership will leverage Blade's infrastructure and experience to accelerate Joby's electric air taxi service launch in key markets including Dubai, New York, Los Angeles, the UK, and Japan.

Joby's electric air taxi, designed to carry four passengers plus pilot at speeds up to 200 mph, features noise levels 100 times lower than traditional helicopters.