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Air taxi startup Joby intends to enter the stock market

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Joby Air Taxi In Talks To Go Public Via SPAC Merger Description video: 😎 FREE STOCKS!\nJoin Robinhood with my link and we’ll both get a free stock 🤝 https://join.robinhood.com/michaes11507\n\nJoby Aviation SPAC Merger? Electric Air Taxi Company in Talks to Go […]

Joby Air Taxi In Talks To Go Public Via SPAC Merger

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😎 FREE STOCKS!\nJoin Robinhood with my link and we’ll both get a free stock 🤝 https://join.robinhood.com/michaes11507\n\nJoby Aviation SPAC Merger? Electric Air Taxi Company in Talks to Go Public\n\nJoby Aviation is an American venture-backed aerospace company, developing an eVTOL aircraft which it intends to operate as an air taxi service. \n\nThe startup was founded in 2009 and has offices in Santa Cruz, California, San Carlos, California, Marina, California, and Munich, Germany. \n\n(Reuters) – Electric passenger aircraft developer Joby Aero Inc is exploring a deal to go public through a merger with a blank-check acquisition firm at a valuation of around $5 billion, according to people familiar with the matter.Joby has hired investment banks to solicit interest from so-called special purpose acquisition companies (SPACs) about a potential deal\nhttps://www.reuters.com/article/us-joby-aero-m-a-exclusive-idUSKBN29Q2NP\n\nhttps://www.jobyaviation.com/\n\n🛒🎁 Shop over 2,000 T-Shirts with unique designs!\nhttps://kjselections.com/collections/t-shirts-for-men\n\n🔥IPO MARKET WATCH\nWelcome to my channel. I cover all Initial Public Offerings IPO, Direct Listings, and most Blank Check Companies also known as special purpose acquisition companies SPACS. By subscribing to this channel you will have the chance to know about each IPO before it goes public, with information such as, who the company is, what they do when they are going publicly traded on the stock market, and much more. You can think of this channel as your IPO Stock Calendar. We also cover SPACS, such as spac warrants, spac lists, spacs to invest in, and basically all spac stocks related information. \n\n#investing #stocks #stockmarket #ipo #spac #spacnews\n\n🔥 SOCIAL MEDIA\n⚫DISCORD\nhttps://discord.gg/Gcp4qmQh\n⚫FACEBOOK\nhttps://facebook.com/groups/659635791621800/\n⚫REDDIT\nhttps://www.reddit.com/u/IpoMarketWatch\n⚫TWITTER\nhttps://twitter.com/watch_ipo\n⚫PARLER\nhttps://parler.com/profile/IPOMARKETWATCH\n\n🔥 Get FREE Stocks on Robinhood \nhttps://join.robinhood.com/michaes11507\n\n🔥 POPULAR VIDEOS\n\n⚫ 10 Simple Tips For Picking Good IPOs\nhttps://www.youtube.com/watch?v=FvWwfIz0LGI\n\n⚫ How Can I Buy Pre IPO Stock Shares In The USA, Pre IPO Investment Opportunities, What Are Pre IPOs\nhttps://www.youtube.com/watch?v=9wqZ14UVgHQ\n\n⚫ 2nd Stock Market Crash Is Coming Here Is How And When\nhttps://www.youtube.com/watch?v=s-gj9eD3uac\u0026t=149s\n\n⚫ 20 Best Stocks To Buy During A Market Crash (High Growth)\nhttps://www.youtube.com/watch?v=zrb64qr-O3k\u0026t=3s\n\n⚫ BlackRock Capital Allocation Trust Going Public September 25th 2020\nhttps://www.youtube.com/watch?v=84AiozTN-Nw\u0026t=255s\n\n⚫ The Top SPAC Money Managers To Watch Best Blank Check Companies\nhttps://www.youtube.com/watch?v=aqsaSi7BGVI\n\n⚫ The 3 Best Renewable Energy IPO Stocks To Buy\nhttps://www.youtube.com/watch?v=ihyds7_afik\n\n\n🔥 I am not a financial advisor or professional stock analyst. Trade at your own risk. There are risks associated with investing in a public offering, including unproven management, and established companies that may have substantial debt. As such, they may not be appropriate for every investor. You should read the offering prospectus carefully, and make your own determination of whether an investment in the offering is consistent with their investment objectives, financial situation, and risk tolerance.

Air taxi startup Joby intends to enter the stock market

Electric passenger helicopter developer Joby Aero Inc is looking into a $ 5 billion merger with a purchasing company, sources told Reuters..

Sources said Joby hired investment banks to spark interest from so-called Special Purpose Acquisition Companies (SPACs) regarding a potential deal.

Reuters sources asked to remain anonymous because discussions are confidential. Joby declined to comment.

Air taxi startup Joby intends to enter the stock market

Joby is developing a zero-emission, all-electric vertical take-off helicopter to be deployed as an air taxi service no earlier than 2023. Last month, the Santa Cruz, California-based company agreed to take over the Elevate Uber Technologies Inc. flying taxi project. In turn, Uber acquired a stake in Joby as part of a related deal.

Joby has raised more than $ 800 million in private funding since its founding in 2009, and was valued at $ 2.6 billion in 2020, according to PitchBook, which tracks private fundraising. Joby’s supporters include Toyota Motor Corp and Intel Corp..

SPAC is a shell company that raises funds through an initial public offering (IPO) to acquire a private company, which then goes public through a merger. For the acquired company, the merger is an alternative way to go public compared to a traditional IPO.

SPAC emerged last year as one of the most popular investment vehicles on Wall Street.

The deal for Joby was to follow another deal with SPAC in the sector. Air taxi company Blade Urban Air Mobility last month agreed to merge with Blade, Experience Investment Corp, which saw shares rise 50%.