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Stock impact report

Is Archer Aviation a Millionaire-Maker Stock? [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Electric vertical takeoff and landing aircraft (eVTOLs) are no exception. These flying taxis could help people avoid urban traffic and open the skies to fast and efficient transportation. And Archer Aviation (NYSE: ACHR) aims to help make this dream a reality. Let's discuss what this mission could mean for the company's long-term investors. A trillion-dollar market? Analysts at Morgan Stanley are incredibly optimistic about the eVTOL market's potential and don't think investors are prepared for the scope of what they call a "revolution" in urban air mobility. They believe the market could be worth $1 trillion globally by 2035 and $9 trillion by 2040 as it replaces some forms of ground-based transportation. This technology is exciting because, like electric cars , eVTOLs provide a quieter and more environmentally friendly mode of transportation at a time when governments around the world are racing to reduce emissions. The ability to take off and land vertically could also allo Show less Read more
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