Joby Aviation Raises $1.3B in May 2026 Equity and Convertible Notes Offering

Deal Summary

Joby Aviation completed a $1.3 billion capital raise in May 2026, comprising an equity and convertible notes offering. The funding lifts its cash reserves to $2.5 billion, supporting eVTOL development and commercial launch plans. Strategic investors Toyota and Abdul Latif Jameel are among the backers.