New York, Jan 10, 2026, 19:24 ET — The market has closed.
Archer Aviation shares ended Friday’s session 1.2% higher, closing at $8.81. With U.S. markets closed for the weekend, investors will have to wait until Monday for the next price update.
Archer, the air-taxi maker, saw a boost at CES after revealing its collaboration with Nvidia on onboard computing for its Midnight eVTOL aircraft. The company said it will use Nvidia’s IGX Thor platform to develop AI systems focused on pilot safety, airspace integration, and autonomy-ready controls. CEO Adam Goldstein described CES as “a launchpad” for this initiative. eVTOL Insights
This matters now because the eVTOL trade hinges on proof points. Investors rushed to price in partners and prototypes—and just as fast to offload when certification delays or timeline shifts hit.
IGX Thor is marketed as a safety-capable “edge” computer designed to process data directly on the aircraft, avoiding dependence on remote links. The company emphasized its role in real-time perception and decision-making for safety-critical environments. Archer also revealed it has partnered with Nvidia since early 2025, with initial integration already underway in its development pipeline.
Archer has singled out Hawthorne Airport in Los Angeles as a vital part of its strategy. The company revealed it finalized deals last year to take control of the airport for $126 million in cash. It plans to turn the site into a hub for its upcoming Los Angeles air-taxi service and a testing ground for AI-driven aviation technology.
The stock saw some volatility around the news. It climbed 3.4% Thursday to $8.71 and pushed up another 1.2% Friday. Volume hit roughly 60 million shares on Friday, with the price bouncing between $8.55 and $8.97.
Rival Joby Aviation climbed 0.9% on Friday, highlighting how this tight-knit eVTOL sector often shifts in unison as investors react to shared catalysts.
A Form 4 filing, the required U.S. disclosure for insider stock moves, surfaced in the last day. It revealed Goldstein was granted 131,300 deferred restricted stock units linked to a 2024 performance award, with shares set to settle in 2029.
Still, Nvidia’s involvement is described as a plan, with Archer cautioning that the deals mentioned are conditional and might fall through. The bigger challenge lies in certification: any hold-ups with the Federal Aviation Administration could stall commercial launches and require new funding strategies.
Traders will be looking to see if Monday extends the CES story or if fresh details emerge from filings or partner announcements. Archer’s next quarterly earnings are slated for late February, with Zacks marking Feb. 26 as the expected date.
The key event investors are zeroing in on remains unchanged: clear strides on certification and flight-test goals, followed by the earnings report due in late February.
