Why Joby and Archer Aviation Shares Are Soaring Thursday

Shares of advanced air mobility leaders Joby Aviation Inc JOBY and Archer Aviation Inc ACHR are trading higher on Thursday following encouraging comments from Federal Aviation Administration (FAA) Acting Administrator Chris Rocheleau.

What To Know: In a public statement on X, Rocheleau affirmed the agency’s commitment to “safely integrate these new aircraft into our nation’s airspace,” potentially providing a significant tailwind for the electric air taxi sector.

The statement is a crucial development for both companies, which are at the forefront of developing electric vertical takeoff and landing aircraft.

Joby Aviation is pioneering a five-seat aircraft intended for a global passenger service, backed by strategic partners like Toyota and Delta.

Similarly, Archer Aviation is deploying its “Midnight” aircraft, a four-passenger vehicle, with support from United Airlines and automotive giant Stellantis.

Both firms aim to revolutionize urban transport by offering a quiet, emission-free alternative to ground-based traffic.

Read Also: Archer Aviation Stock Soars On LA28 Olympics Deal, Strong Earnings

What Else: For companies like Joby and Archer, regulatory approval is among the ultimate gatekeepers to commercial viability. The FAA’s explicit support for creating a clear and safe pathway to integration significantly de-risks their business models.

This signal of regulatory progress could be assuring investors that a tangible market for these futuristic air taxis is on the horizon, reducing uncertainty and boosting confidence in their future ability to generate revenue.

Price Action: According to data from Benzinga Pro, ACHR shares are trading higher by 5.3% to $10.47 Thursday afternoon. JOBY shares are meanwhile trading higher by 9.15% to $9.30.

Read Also: Archer Aviation Analyst Ratings

How To Buy ACHR Stock

By now you're likely curious about how to participate in the market for Archer Aviation – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Archer Aviation, which is trading at $10.43 as of publishing time, $100 would buy you 9.59 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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