Joby Aviation Stock Drops Again as $1.2 Billion Capital Raise Puts Dilution Back in Focus

Joby Aviation stock drops again as $1.2 billion capital raise puts dilution back in focus

New York, Jan 30, 2026, 14:49 EST — Regular session Shares of Joby Aviation dropped 4.8% to $10.61 in Friday afternoon trading, as the electric air-taxi company announced plans to raise new capital, pushing the stock further down. The company announced it priced an upsized offering of shares and convertible notes aiming to raise around $1.2 billion in gross proceeds, excluding any underwriter options. Joby said the funds will support aircraft ce…

Joby stock slides after USD1.2 equity convertible bundle announced - RotorHub International

Joby shares fell by 16% yesterday to close at USD 11.14 after the eVTOL developer revealed a larger than expected fundraising deal bundling the sale of more shares and convertible debt in an effort raise up USD to 1.2 billion in additional funding. This follows on from another visit to the market to raise capital late last year, which yielded around USD 500 million to feed the company’s voracious appetite for cash. Joby priced $600 million of 0.…