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Stock impact report

Should You Invest $500 in Archer Aviation Right Now? [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Archer is pre-revenue and FAA certification could take time. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) is a California-based start-up that's trying to take the Wright Brothers' radical idea of flight to another level: electric vertical takeoff and landing (eVTOL) aircraft used as air taxis. Estimated by Morgan Stanley to be worth approximately $9 trillion by 2050, the eVTOL market is still in the nascent stages of growth. That kind of forecast makes Archer, which is trading at about $9 a share, seem like a potential millionaire maker. But is it? Is it worth a $500 investment? Archer Aviation is on the cusp of commercializing its electric air taxi service. But the definition of "cusp" depends on whom you talk to. From Archer's perspective, recent White House executive orders mandating the acceleration of eVTOL deployment indicate that it is close to making money from air taxis. This includes the White House's eVTOL Integration Pilot Program Show less Read more
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