Archer Aviation Plunges 14.83% Amid eVTOL Sector Surge

On June 13, 2025, Archer Aviation's stock experienced a significant drop of 14.83% in pre-market trading.

Archer Aviation, a company specializing in electric vertical takeoff and landing (eVTOL) aircraft, has seen a remarkable 245% increase in its stock value over the past year. This surge is attributed to the growing interest and investment in the eVTOL sector, which promises to revolutionize urban air mobility.

Recent developments, including the White House's executive order and subsequent funding rounds, have further bolstered Archer Aviation's position in the market. The company successfully raised $850 million in funding, which is expected to accelerate its research and development efforts and expand its market presence.

The strategic backing from the government and the increased defense spending have also contributed to the stock's performance. Archer Aviation's shares closed at a record high, reflecting investor confidence in the company's future prospects.

Despite the recent drop, the long-term outlook for Archer Aviation remains positive. The company's innovative technology and strategic partnerships position it well to capitalize on the growing demand for air taxis and other eVTOL applications.