Archer Drops as Much as 15 % on $850 Million Share Sale Following Trump Air Taxi Pilot Program

Air Taxi Maker Archer Raises $850 Million After Trump Executive Order

Air taxi maker Archer Aviation sinks 14% on $850 million share sale to fund AI software and LA Olympics push

Archer stock wiped out the recent gains it made following President Trump’s executive order boosting the air taxi industry....

Archer Aviation raises $850 million after Trump signs executive orders backing air taxis - Tech Startups

Archer Aviation just locked in $850 million in new funding—an eye-popping amount that came shortly after former President Donald Trump signed off on executive orders aimed at accelerating the rollout of electric air taxis in the U.S. The funding follows […] The post Archer Aviation raises $850 million after Trump signs executive orders backing air taxis first appeared on Tech Startups.

Archer drops as much as 15 % on $850 million share sale following Trump air taxi pilot program

Archer Raises $850M Following White House Executive Order To Accelerate U.S. eVTOL Rollout, Cementing Its Industry-Leading Liquidity Position Of Approximately $2B

SANTA CLARA, Calif.--(BUSINESS WIRE)--Jun 12, 2025-

Archer Aviation goes down 15% on $850 million share sale

Midnight, an all-electric airplane from agency Archer Aviation, is seen on the Salinas Municipal Airport in Salinas, California, onAug 2, 2023. Carlos Barria|Reuters Archer Aviation‘s provide went down concerning 15% on Friday after the air taxi producer claimed it sold $850 million properly value of shares. The electrical upright departure and landing car, or eVTOL, agency claimed Thursday it intends to utilize the funding to maintain brand-ne…