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The runway just got a little longer for Joby Aviation.
Joby Aviation (JOBY -3.78%) has raised another $250 million from Toyota (TM 1.93%), which gives the company further runway and an important strategic partner to grow with. Investors responded positively, and that's great for the future of the company, as Travis Hoium highlights in this video.
*Stock prices used were end-of-day prices of May 28, 2025. The video was published on May 29, 2025.
Travis Hoium has positions in Joby Aviation. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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