Japanese automaker Toyota is "exploring rockets," chairman Akio Toyoda announced onstage at CES 2025 on Monday, while hinting at the idea of moving people

A Toyota research unit will invest in Japanese startup Interstellar Technologies (IST) to support mass production of its rockets, the world's biggest carmaker group said on Tuesday, expanding its foray into the space sector.

Woven by Toyota, a subsidiary of the company, is investing around $44.4 million (7 billion yen) in Japanese space startup Interstellar Technologies as a means of entering into the booming space industry, Interstellar announced this week.

The Toyota Motor Corporation will invest $44.4 million in Japan-based Interstellar Technologies to help the private spaceflight firm develop rockets to launch satellites into Earth's orbit.

Toyota Motor is moving into the space industry with a nearly $45 million investment – saying there should be more than just “one car company” exploring rocket launches. On Monday during CES 2025, the major tech trade show in Las Vegas with all the latest gadgets,

A research unit of Toyota is reportedly going to invest in a Japanese startup called Interstellar Technologies (IST) to support the mass production of rockets, the biggest carmaker of the world said on Tuesday.

Toyota Motor is venturing into space exploration with plans to develop and produce orbital rockets, Chairman Akio Toyoda announced Monday at the Consumer Electronics Show in Las Vegas. Toyota is investing over $40 million in Interstellar Technologies Inc.