Is Archer Aviation Stock a Millionaire Maker?

Archer Aviation (NYSE: ACHR) has built a futuristic airplane that can now be seen buzzing around test sites. Buzzing is an apt description because the small passenger planes take off and land vertically and are meant to operate only over short distances. They are air taxis, and Archer Aviation is hoping they become a very big business.If the company is right, the stock could help you become a millionaire. However, there are a few more steps to go before air taxis actually take off. Here's what you need to know if you are looking at Archer Aviation today.When digging into the story of Archer Aviation, you have to step back and give the company some respect. What has been achieved so far is impressive. The company has taken an idea and created an actual product in an industry that is highly regulated and capital-intensive. The company's production facility is set to produce 10 of its Midnight aircraft in 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool