Toyota is 'exploring rockets' with nearly $45 million investment in Japanese launch startup, chairman says
Toyota(TM) CNBC·2025-01-06 23:21
In this articleTMAfter Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy.Photo by Yoshikazu Tsuno | Gamma-rapho | Getty ImagesLAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday.The automaker, through its "Woven by Toyota" mobility company, is investing 7 billion Japanese yen ($44.4 million) into Interstellar Technologies Inc., a Japanese ...