Overview

• Archer completed public display flights of its Midnight air taxi at the California International Air Show in Salinas, with video highlighting significantly lower noise than typical airshow aircraft.
• Shares of Archer Aviation closed up 17.89% at $13.64 after social-media chatter linked the company to a possible Tesla-related announcement, a connection that has not been confirmed.
• Investor speculation followed an Archer promo featuring a Tesla vehicle and Optimus robot and a separate Tesla teaser showing a propeller-like logo ahead of a Tuesday reveal.
• Recent test milestones include Archer’s longest piloted flight of 55 miles in 31 minutes and two highest-altitude flights reaching 7,000 and 10,000 feet.
• Archer holds an FAA Part 135 certificate to refine operations but still needs type certification for passenger service, and it cites backing from United, Stellantis, and U.S. Air Force agreements.