Archer Aviation (ACHR) Stock

In October, the Federal Aviation Administration (FAA) announced final rules for power-lift pilot certification and operations, paving the way for commercializing advanced air mobility, commonly called flying taxis. This regulatory development is the latest news surrounding these flying vehicles, which could potentially transform urban transportation as we know it.

In the closing of the recent trading day, Archer Aviation Inc. (ACHR) stood at $9.45, denoting a +1.94% change from the preceding trading day.

Over the last several years, companies including Tesla, Rivian Automotive, and Nio were essentially synonymous with the term "electric vehicles." Each of these companies manufacture electric automobiles, which until recently were the primary form of transportation employing battery technology.

Electric vertical takeoff and landing (eVTOL) aircraft stocks have been on fire since the start of the fourth quarter of 2024. Investors have piled into these speculative growth stocks for a bevy of reasons in recent months, including major regulatory breakthroughs in the UAE, Japan, and the U.S., that potentially pave the way for the first commercial flights later this year.

Looking at the stock charts of Joby Aviation (JOBY -6.05%) and Archer Aviation (ACHR -8.12%), you might think electric vertical takeoff and landing (eVTOL) vehicles are the next big thing.

Are you willing to accept above-average risk for a shot at an above-average reward? Maybe you're even hoping to turn a modest amount of money into a seven-figure stash in a relatively short period of time.

Archer Aviation (ACHR 0.81%) stock saw strong gains over last week's trading. The company's share price closed out the stretch up 13% from the previous week's market close, according to data from S&P Global Market Intelligence.

Archer Aviation (ACHR 0.81%) is a U.S.-based designer and manufacturer of electric vertical takeoff and landing (eVTOL) aircraft. The company's Midnight vehicles stand out as an entry in the flying taxi space, and have recently been attracting attention from tech enthusiasts and investors alike.

Several developers of electric vertical take-off and landing (eVTOL) aircraft went public by merging with special purpose acquisition companies (SPACs) in 2021. At the time, many investors were dazzled by these companies' partnerships and rosy long-term expectations, even though they hadn't delivered any commercial aircraft yet.