Joby Aviation launches up to $750M at-the-market offering at $8.81/share reference price

Filed August 11, 2026 · ~2 min read

Key Changes

• high

  Joby is offering up to $750 million of common stock in an at-the-market (ATM) offering, selling shares over time at prevailing NYSE market prices rather than a single fixed price. At the August 10, 2026 reference price of $8.81/share, this would represent 85.1 million shares and 8.6% dilution.

  The Offering verify on EDGAR →
• high

  The offering implies a post-offering market capitalization of $9.4 billion at the $8.81 reference price (1.07 billion shares outstanding after the offering).

  The Offering verify on EDGAR →
• medium

  Proceeds will fund certification and manufacturing efforts, commercial operations preparation, and working capital. No specific dollar allocations are disclosed; management retains broad discretion.

  Use of Proceeds verify on EDGAR →