Should you buy Joby Aviation (Joby) & Archer aviation (AChR)?

The news lifted shares of both Joby Aviation (JOBY 3.31%) and Archer Aviation (ACHR 3.11%), two leading eVTOL developers in the U.S., though both stocks have lagged the benchmark S&P 500 in 2024 by a wide margin. JOBY data by YCharts. The prize at stake in this emerging industry could be extraordinary.

What makes Archer aviation different from Joby?

This approach grants Joby complete control over the customer experience and potential revenue streams but requires substantial upfront investment in building a comprehensive infrastructure. Archer Aviation offers a different approach to the eVTOL market, emphasizing strategic partnerships.

How many test flights has Archer Aviation completed this year?

Archer Aviation has completed over 400 test flights this year for its aircraft Midnight, hitting this key operating goal four months ahead of schedule. The intensive testing program spans transition flights, high-rate operations, and landing profiles across various conditions. Image source: Archer Aviation.