Joby, Archer, and Beta stocks surge after DOT selects them for Trump's eVTOL air taxi pilot program — electric flying taxis set to test in 26 states starting summer 2026.
Air taxi pioneer Archer Aviation shares Q4 results with a deeper loss than expected, boosted cash reserves, and key partnerships in defense and tech for future growth.
Raymond James downgrades Vertical Aerospace to Underperform due to cash runway concerns through mid-June and rising competition for talent from Archer's new Bristol hub.
Archer Aviation announces plans for an air taxi network in the Miami area, offering 10-20 minute electric flights to skip notorious traffic, transforming regional travel.
Goldman Sachs initiates coverage on Joby Aviation with a Sell rating and Archer Aviation with a Neutral rating, citing valuation concerns, certification uncertainty, and manufacturing challenges.
Joby sued rival Archer, alleging stolen files were used to "one-up" a real estate deal. Joby calls it espionage; Archer says the suit is baseless.
