Is Archer Aviation or Joby Aviation the Better Air Taxi Stock?
The Motley Fool
OCTOBER 24, 2024
This week, the race to dominate urban air transportation hit a major milestone when U.S. aviation regulators released final safety rules for electric vertical takeoff and landing (eVTOL) aircraft. The news lifted shares of both Joby Aviation (NYSE: JOBY) and Archer Aviation (NYSE: ACHR) , two leading eVTOL developers in the U.S., though both stocks have lagged the benchmark S&P 500 in 2024 by a wide margin.
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