Joby Secures $180 Million Equity Investment From Baillee Gifford

Joby plans to produce and operate nine S4 air taxis for the U.S. Air Force.

Credit: Joby Aviation
Joby Aviation has announced that existing shareholder Baillee Gifford will purchase an additional $180 million in newly issued shares, providing funds the company says will help accelerate its early aircraft production without impacting the capital needed to see its S4 air taxi through to type...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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