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Stock impact report

Forget Archer Aviation: This Explosive Space Stock Is a Smarter Shot at Life-Changing Gains [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Moreover, Rocket Lab will also soon be profitable -- an important milestone. 10 stocks we like better than Archer Aviation › Valued at $5.8 billion and with more than $1.5 billion in cash, Archer Aviation (NYSE: ACHR) is the world's second largest builder in the nascent industry of air taxis -- smaller than Joby Aviation (NYSE: JOBY) , but miles ahead of Vertical Aerospace or Lilium . That's quite impressive, considering Archer was only founded in 2018, compared to Joby, which established itself in 2009. But it's not enough to make Archer Aviation stock a near-term buy. Archer already has an electric-powered, vertical takeoff and landing (eVTOL) aircraft in the works. Flying at 150 mph, its 12-engine "Midnight" eVTOL will carry four passengers and a pilot on trips of 20 to 50 miles, and can recharge between flights in "minutes." The company is in the process of getting Midnight certified to fly passengers commercially, with two of its three FAA-mandated certifications (for Show less Read more
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