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.
Amazon invests in Beta Technologies with 5.3% stake. The electric aerospace company's shares surge 19% after-hours following disclosure of Amazon's nearly 12 million share position.
Eve Air Mobility selects BETA Technologies to supply electric pusher motors for its eVTOL prototypes and production models, reinforcing its supply chain and advancing toward first flight in late 2025/early 2026.
Archer Aviation (ACHR) reports Q3 2025 loss of $0.20 per share, beating estimates, and announces $126M acquisition of LA's Hawthorne Airport as strategic air taxi hub.
