Toyota reaches for the stars with new $44m rocket venture
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Toyota Motor is investing $44.4 million in Interstellar Technologies to develop orbital rockets, as announced by Chairman Akio Toyoda at the Consumer Electronics Show.

January 07, 2025 | 9:00 am
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Toyota Motor is investing $44.4 million in Interstellar Technologies to develop orbital rockets, marking a significant diversification into space technology.
Toyota's investment in Interstellar Technologies represents a strategic move into the space industry, potentially opening new revenue streams and technological advancements. This diversification could positively impact Toyota's stock in the short term as investors react to the company's innovative expansion.
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