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flag Joby Aviation's stock jumps as talks with Saudi group could lead to up to 200 electric air taxis sales.

flag Joby Aviation's stock rose by 9.9% after the company announced talks with Saudi Arabian group Abdul Latif Jameel to potentially deliver up to 200 of its electric air taxis. flag The non-binding agreement, worth up to $1 billion, explores distribution in Saudi Arabia, which could validate Joby's technology and support regulatory approval in markets like the U.S. and Europe.

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