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Joby Aviation

Electric vertical takeoff and landing aircraft developer for air taxi and military applications.

Joby Aviation is an American aerospace company headquartered in Santa Cruz, CA, developing an electric vertical takeoff and landing (eVTOL) aircraft for commercial air taxi service and defense applications. Founded in 2009 by JoeBen Bevirt, Joby went public in 2021 via a SPAC merger (NYSE: JOBY) and has raised over $2 billion in total funding. The company has delivered aircraft to the U.S. Air Force under a $131 million contract, and has flown its S4 eVTOL at Edwards Air Force Base and in New York City, operating the first point-to-point eVTOL flight from JFK in April 2026.

Overview

Headquarters
Santa Cruz, CA
Founded
2009
Employees
2559
Total funding
~$4.7B+ lifetime (SPAC + post-merger raises)
Valuation
Public (NYSE: JOBY)
Stage
Public (NYSE: JOBY)
Status
public
Domains
Electric aviation, Air taxi, eVTOL, Defense aviation

Founders1

Investors2

Cap table5

Approximate ownership by holder. Indexed holders link to their records.

HolderInstrumentOwnership
Toyota Motor Corporation (+ 2 affiliated funds)
Common
13.10%
The Joby Trust (JoeBen Bevirt)
Common
9.40%
Baillie Gifford & Co
Common
6.37%
Sciarra Management Trust (board)
Common
5.76%
Dipender Saluja (director)
Common
2.96%

Contracts2

Programs1

Frequently asked

What does Joby Aviation do?
Joby Aviation is an American aerospace company headquartered in Santa Cruz, CA, developing an electric vertical takeoff and landing (eVTOL) aircraft for commercial air taxi service and defense applications. Founded in 2009 by JoeBen Bevirt, Joby went public in 2021 via a SPAC merger (NYSE: JOBY) and has raised over $2 billion in total funding. The company has delivered aircraft to the U.S. Air Force under a $131 million contract, and has flown its S4 eVTOL at Edwards Air Force Base and in New York City, operating the first point-to-point eVTOL flight from JFK in April 2026.
Where is Joby Aviation headquartered?
Joby Aviation is headquartered in Santa Cruz, CA and was founded in 2009.
How much funding has Joby Aviation raised?
Joby Aviation has raised ~$4.7B+ lifetime (SPAC + post-merger raises) in disclosed funding.
What does Joby Aviation specialize in?
Joby Aviation works across Electric aviation, Air taxi, eVTOL, Defense aviation.
Does Joby Aviation hold government contracts?
Defense Tech Atlas links Joby Aviation to 2 government contracts and 1 program.

Tags

Sources & citations7

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    Joby Aviation was founded in 2009 by JoeBen Bevirt and went public in 2021 via SPAC merger (NYSE: JOBY)

    Wikipedia: Joby Aviation
    Verified2026-05-29
  2. 2

    In April 2026, Joby operated the first point-to-point eVTOL flight from JFK to downtown Manhattan

    Flying Magazine: Joby Kicks Off NYC Electric Air Taxi Demos With Historic JFK Flight
    Reported2026-04-27
  3. 3

    Joby Aviation liquidity disclosure: 2,559 employees as of Jan 31, 2026; cumulative post-merger capital raises

    SEC EDGAR: Joby Aviation FY2025 Form 10-K
    Verified2026-02-27
  4. 4

    Joby Aviation DEF 14A beneficial ownership table as of March 31, 2026

    SEC EDGAR: Joby Aviation 2026 Proxy Statement (DEF 14A)
    Verified2026-04-21
  5. 5

    Toyota Motor Corporation committed an additional $500M to Joby (Oct 2024), bringing cumulative investment toward $894M total

    Toyota Motor Corporation: Toyota To Invest $500 Million in Joby Aviation
    Verified2024-10-02
  6. 6

    Delta invested $60M initial equity in Joby (Oct 2022) with warrants for up to $200M total

    Joby Aviation: Delta, Joby Aviation Partner to Pioneer Home-to-Airport Transportation to Customers
    Verified2022-10-11
  7. 7

    Joby acquired Blade Air Mobility's passenger-transportation business for up to $125M (paid $76M in stock at close), including up to $35M in performance/retention earnouts

    Joby Aviation: Joby Completes Acquisition of Blade's Passenger Business
    Verified2024-01-01