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Joby stock rises on Virgin Atlantic air taxi deal
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Joby Aviation stock gained on news of a binding partnership with Virgin Atlantic.
The deal formalizes a previously announced 2025 partnership for electric air taxi services.
Joby's air taxis will be bookable through Virgin Atlantic's channels.
The agreement marks progress in commercializing electric vertical takeoff and landing aircraft.
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Rajeev Chandrasekhar / Jupiter Capital interests historically