Joby Aviation

Reinvent Technology Partners (Nasdaq: RTP) was a blank-check company that completed its initial public offering in September 2020, targeting the technology-enabled industrial sector. Sponsored by Reid Hoffman, Mark Pincus, and Michael Thompson, RTP announced a business combination with electric air taxi developer Joby Aviation in February 2021, placing the deal squarely within the aerospace and urban air mobility segment. The transaction closed in August 2021, taking Joby public under the ticker JOBY on the New York Stock Exchange. The merger ranked among the more closely watched SPAC combinations of that vintage, drawing broad investor attention to the nascent electric vertical takeoff and landing industry. Visit SpacDesk and sign up for full data on this deal and the entire SPAC universe.

SPAC Counterparty (1)