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Barchart
Sristi Suman Jayaswal

Archer Aviation Is Cooking Up Major Air Taxi Plans. Should You Buy the Flying Car Stock Now?

Archer Archer Aviation FAA United Airlines ACHR Archer Aviation Stock NYC

Air taxis are no longer just a concept from science fiction. Once a futuristic fantasy, urban air mobility is now drawing real investments, real partnerships, and real city plans. The air taxi market is set to hit $14 billion by 2032, fueled by next-gen battery tech boosting electric vertical takeoff and landing (eVTOL) range, efficiency, and sustainability.

Archer Aviation (ACHR) has been climbing steadily in this space, and on April 17, the company revealed a plan to launch an air taxi network in New York City with United Airlines (UAL). Its electric aircraft, Midnight, could soon shuttle premium passengers across the skyline in minutes, eventually expanding to serve everyday commuters.

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