Archer Aviation ripped higher Monday (+7% premarket to $9.40) after announcing it will join the new eVTOL Integration Pilot Program (eIPP), basically a government backed runway to get flying taxis into U.S. cities faster.
The program came out of a June executive order and sets up controlled trial environments under DOT and FAA oversight. Archer will work with airlines (United is already backing them) and cities to show that its Midnight aircraft can fly quietly, safely, and at scale.
CEO Adam Goldstein called it a “landmark moment,” while United’s CFO said flying taxis could reshape how people move through congested cities. The trials could start as early as next year, with data feeding into certification and future expansion.
ACHR has already had a wild run this year (up over 150% YoY), but this adds another layer of federal legitimacy. Analysts keep slapping buy ratings with $13 PTs, even after the stock’s volatility.
The bigger question:
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Are we seeing the real start of urban air mobility, or is this just another news-fueled pump before a long wait on certification?
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Can these fleets actually scale like ridesharing, or will costs/noise/local politics kill it?
What do you think?
Archer Aviation (ACHR) Surges After FAA Backs U.S. Air Taxi Trials
byu/Immediate-Owl5540 instocks
Posted by Immediate-Owl5540
6 Comments
Isn’t this a day late?
In Poland they will shoot down this drones lol
As an aviation enthusiast, I am very concerned about all the regulatory stuff that would have to happen for one of these things to be commercially available – not to mention how long flight testing takes, what kinds of things could be setbacks, etc.
I bought around $3 and sold around $10. I’m convinced it was and is a meme stock and should be treated as such.
AIR TAXI LMAO *laughing mexican guy*
It did not surge to 9.40?
ACHR getting FAA backing is huge, no doubt, but folks gotta remember certs and scaling take years, not months. United’s support adds some real cred, but the path from trials to profitable ops is a long grind. Great story stock short term, but long-term investors better strap in for turbulence.