Should You Buy Archer Aviation Before It Reaches This Huge Goal or After?
Archer Aviation (NYSE: ACHR) has big plans for 2025. The key goal is for the company's aircraft to carry its first commercial customer. It will be an important turning point for the business, which up until that event will have only been in the testing phase. Is it a good idea to buy Archer Aviation before it reaches this important goal, or should investors wait until after?Archer Aviation is an upstart aerospace company trying to break into an industry that is capital-intensive, heavily regulated, and highly competitive. The company has achieved a great deal so far, in that it has taken a good idea and developed a factory that is producing aircraft. Sure, 2025 will only see around 10 of the company's Midnight aircraft built, but that shouldn't diminish the achievement, since production levels have to start somewhere.Image source: Archer Aviation.Continue reading
Archer Aviation (NYSE: ACHR) has big plans for 2025. The key goal is for the company's aircraft to carry its first commercial customer. It will be an important turning point for the business, which up until that event will have only been in the testing phase. Is it a good idea to buy Archer Aviation before it reaches this important goal, or should investors wait until after?
Archer Aviation is an upstart aerospace company trying to break into an industry that is capital-intensive, heavily regulated, and highly competitive. The company has achieved a great deal so far, in that it has taken a good idea and developed a factory that is producing aircraft. Sure, 2025 will only see around 10 of the company's Midnight aircraft built, but that shouldn't diminish the achievement, since production levels have to start somewhere.
Image source: Archer Aviation.
