Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
sharewise is moving On the weekend of 22/23 August the new sharewise becomes the main site. Have a look now and tell us what you miss. Go to the new sharewise What changes
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Archer Aviation a Millionaire-Maker Stock?

TheMotleyFool 
0 0 23.10.24
Is Archer Aviation a Millionaire-Maker Stock?Photo, wide shot, wide-angle lens, Coal company, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/0e838f13-fa33-4583-92e9-bf3375dacf70.png
 

The market has no shortage of grandiose technology platforms that promise to revolutionize how people live and do business. 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.

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.

Continue reading


Source Fool.com

Archer Ltd Stock

Show more
Like: 0
ACHR
Share

Comments

Not a member yet? Sign up for free!