Vertical Aerospace Stock Soars 11.52% on Strategic Moves

Vertical Aerospace's stock surged 11.52% in pre-market trading on June 9, 2025, driven by a series of strategic moves and partnerships aimed at accelerating the development of its electric vertical takeoff and landing (eVTOL) aircraft.

Hedge fund manager Jason Mudrick has taken control of Vertical Aerospace, converting $130 million of debt into equity and ousting founder Stephen Fitzpatrick. Mudrick's fund is backing the development of the VX4 model, designed to carry six passengers and offer short, quiet, and efficient flights at prices comparable to premium Uber services. The VX4 is set to launch by 2028, with plans to target urban air mobility.

Vertical Aerospace has expanded its long-term partnership with Honeywell to bring the VX4 eVTOL aircraft to market. This collaboration is expected to enhance the aircraft's technology and accelerate its deployment. Additionally, the company has adopted a universal fast-charging standard to further support the deployment of its eVTOL aircraft.

Vertical Aerospace has also appointed former MI5 Director General Lord Andrew Parker to its board, bringing valuable expertise and strategic guidance to the company. This move is part of Vertical's efforts to strengthen its leadership team and navigate the challenges of the eVTOL market.

Despite facing stiff competition from U.S. rivals and the need to raise significant funds for certification, Vertical Aerospace remains optimistic about its prospects. The company's strategy focuses on selling aircraft and generating ongoing revenue through maintenance and battery replacement contracts, differentiating it from competitors that operate their own fleets.