Joby Air travel makes its public trading debut on the NYSE
Joby Air travel is now public, 12 years after JoeBen Bevirt founded the business at his cattle ranch in the Santa Cruz mountains. The air taxi designer started trading on the New York Stock Exchange on Wednesday under the ticker sign “JOBY,” after finishing a merger with special purpose acquisition company Reinvent Innovation Partners. As of 10:00 […] Archer Aviation was the first designer to announce it would merge with a blank-check firm, followed by Joby, Lilium and Vertical Aerospace. Such turbulence is not uncommon in markets populated by pre-revenue companies. Regardless of now being a public business — and having investors to answer to — Sciarra stated Joby’s job remains unchanged. …
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