Joby to double production at California plant, shares rise

ReutersJul 15, 2025 3:06 PM

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Shares of air taxi maker Joby Aviation JOBY.N up 7.8% at $13.6 in morning trade

Co says it will double production at California manufacturing facility

Says it also expanded its flight test program with addition of a new aircraft to its fleet

Median PT of 9 brokerages covering JOBY is $9 - LSEG

Including session moves, stock up 65% YTD

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