Billionaire Ken Griffin Bets Big on eVTOL Sector as Market Poised for Explosive Growth

Flying taxi technology is accelerating toward commercialization, with industry leaders Archer Aviation and Joby Aviation drawing significant investor attention. Ken Griffin's Citadel has taken a substantial position in one of these eVTOL pioneers, signaling institutional confidence in the sector's potential.

The emerging electric vertical takeoff and landing aircraft market, currently valued at $760 million, is projected to surge to $4.67 billion by 2030—a 35.3% compound annual growth rate. Regulatory milestones are being achieved, with successful test flights completed and certification processes underway with the FAA and EASA.

Urban air mobility solutions promise to transform transportation infrastructure, offering emission-free alternatives to congested ground routes. The technology combines helicopter-like convenience with electric propulsion efficiency, creating what analysts predict will be a $17.34 billion market by 2035.