Overview

• Archer completed public display flights of its Midnight air taxi at the California International Air Show in Salinas, with footage highlighting notably low noise compared with conventional aircraft.
• Shares jumped 17.89% to $13.64 on Monday after a promotional video featuring a Tesla vehicle and a cryptic Tesla teaser on social media spurred speculation of a possible connection that neither company confirmed.
• Insider coverage noted Archer declined media requests to confirm any partnership while Tesla watchers pointed to a teased announcement slated for Tuesday, keeping the rumors unverified.
• Recent test milestones included a piloted 55‑mile flight in 31 minutes and altitude flights to 7,000 and 10,000 feet as Archer advances toward full FAA type certification.
• Background context includes Archer’s FAA Part 135 Air Carrier Certificate, a provisional United Airlines order for up to 200 aircraft, Stellantis support for factory build‑out in Georgia, U.S. Air Force testing agreements, and a reported $500 million, 100‑aircraft order from Soracle in Japan.