Will Buying Archer Aviation Stock Below $7 Make Investors Rich?

Archer Aviation (NYSE: ACHR) is in the business of making flying cars -- or rather, flying shuttles -- to help people avoid traffic jams in major cities and save a serious amount of time.Picture a small electric aircraft lifting straight up from a rooftop and flying to your destination in 10 minutes or less. That's Archer's vision. It's not as thrilling as a Disney theme park ride, but it could feel as satisfying as skipping a three-hour line in the Lightning Lane.Speaking of Disney -- or rather, magic -- Archer's vision has the makings of a great story, yet outside the imagination, very little of its business has taken off. Mostly pre-revenue, without FAA certification in hand, the only thing keeping Archer afloat is the patent for its Midnight aircraft -- a four-seater (five with pilot) that will hopefully zip above cities en route to airports and major urban ports.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool