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Joby launches $200M public offering ahead of 2025 commercial eVTOL release

  • Electric vertical takeoff and landing vehicle startup Joby Aviation launches a $200 million public offering to fund certification and manufacturing efforts.
  • Joby plans to launch air taxis for urban transportation next year in New York City, Los Angeles, Dubai, and Abu Dhabi.
  • The public offering comes as the Federal Aviation Administration clears the way for eVTOLs to share U.S. airspace with helicopters and airplanes.
  • Joby has raised $2.6 billion to date, including a $500 million investment from existing investor Toyota.

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