Archer Aviation: eVTOL Market Growth Outlook and Financial Status
ACHR Archer Aviation Inc
$3.91 +2.89%
View chart & analysis → - 1JPMorgan presented a $1 trillion valuation forecast for the eVTOL market by 2040.
- 2Archer Aviation recorded $5 million in revenue for the second quarter.
- 3Archer Aviation reported an operating loss of $279.2 million, a 59% increase year-over-year.
So what's the key point?
JPMorgan expects the future flying car market to grow significantly. Archer Aviation generated $5 million in revenue, but its losses also increased.
Source The Motley Fool +1 · View original ↗
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