Archer Aviation (US:ACHR) The Motley Fool·2025-06-09 18:58Core Insights - Archer Aviation's shares have increased by 11.7%, indicating a positive market response to recent developments in the electric air taxi industry [1] - An executive order from President Trump has expedited the establishment of the U.S. electric air taxi industry, focusing on eVTOL pilot programs with private sector involvement [2] Company Developments - Archer Aviation's Midnight aircraft is fully electric and has successfully completed several hundred test flights, positioning the company favorably for commercial operations in major cities like New York and Los Angeles [4] - The company is also developing a version of its Midnight aircraft for the U.S. Air Force, which may provide it with unofficial government approval [6] Industry Outlook - The air taxi market is projected to grow at an average annual rate of over 20% through 2032, with North America leading this growth [7] - The executive order creates a favorable environment for Archer Aviation's stock to continue its upward trajectory, despite the company being years away from profitability [8]