# Joby raises about $1.2 billion from a stock sale and convertible notes to fund certification and production

Canonical page: https://technooptimist.io/stories/joby-raises-about-1-2-billion-from-a-stock-sale-and-convertible-notes-8ae7cb35
Date: 29 Jan 2026
About: [Joby Aviation](https://technooptimist.io/companies/joby-aviation.md)
Original source: https://www.jobyaviation.com/news/joby-aviation-prices-upsized-offering-of-primary-common-stock-and-upsized-offering-of

Joby priced about 52.9 million shares at $11.35 and $600 million of 0.75% convertible notes due 2032, for about $1.16 billion in estimated net proceeds. The money is for certification, manufacturing and preparing commercial service.

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