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Air Taxis News 13 July 2025 - 10 November 2025

Archer Aviation (ACHR) Plunges as $650M Equity Raise Funds $126M Hawthorne Airport Deal; Cathie Wood Buys the Dip — What It Means for LA Air Taxis (Nov. 10, 2025)

Archer Aviation (ACHR) Plunges as $650M Equity Raise Funds $126M Hawthorne Airport Deal; Cathie Wood Buys the Dip — What It Means for LA Air Taxis (Nov. 10, 2025)

Archer Aviation’s stock has been hammered over the past few sessions after the eVTOL maker paired a fresh $650 million equity raise with news it will acquire Hawthorne Municipal Airport (Jack Northrop Field) for $126 million in cash to anchor its Los Angeles air‑taxi network. In a high‑profile show of conviction, Cathie Wood’s ARK Invest bought roughly 3 million shares into the sell‑off. Here’s what changed, why shares fell, and what to watch next. GuruFocus+3Business Wire+3 What happened to ACHR stock By the numbers (Q3 2025): Operating expenses $174.8M; net loss $129.9M; Adjusted EBITDA −$116.1M; cash & short‑term investments $1.64B;
Electric Air Taxis Take Flight: Beta Technologies’ $1 Billion IPO Ignites the Electric Aviation Revolution

Electric Air Taxis Take Flight: Beta Technologies’ $1 Billion IPO Ignites the Electric Aviation Revolution

Beta Technologies’ Blockbuster IPO Debut Beta Technologies officially hit Wall Street on November 4, 2025, ringing the NYSE opening bell to celebrate its public debut sevendaysvt.com. The company’s IPO priced at $34 per share, above the marketed range of $27–33 reuters.com, which reflects strong investor demand. In fact, Beta upsized the offering from 25 million to 29.85 million Class A shares (with underwriters granted an option for ~4.48 million more) businesswire.com businesswire.com. This netted about $1.01–1.02 billion in fresh capital for the company, overshooting initial expectations of ~$825 million techbuzz.ai. At the IPO price, Beta’s market capitalization comes out around $7.4–7.5 billion reuters.com sevendaysvt.com. The enthusiastic reception marks
Joby Aviation’s $500 Million Stock Gamble Triggers Selloff – Can the Air Taxi Dream Still Soar?

Joby Aviation’s $500 Million Stock Gamble Triggers Selloff – Can the Air Taxi Dream Still Soar?

Joby’s $500M Stock Offering and Selloff Joby Aviation – a California-based developer of all-electric vertical takeoff and landing (eVTOL) air taxis – shocked investors on Oct. 7, 2025 by announcing a major stock sale after a year of surging share prices. The company launched a $500 million underwritten public offering of common stock, selling 30.5 million shares at $16.85 each (with an option for underwriters to buy 4.575 million more) ir.jobyaviation.com. Morgan Stanley is the sole book-runner on the deal ir.jobyaviation.com. The offering will gross approximately $513.9 million (or up to ~$589M if the extra shares are sold) ir.jobyaviation.com, bolstering Joby’s balance sheet for the
Urban Air Mobility 2025: Air-Taxi Pilot Programs, Launch Cities, and Regulatory Hurdles

Urban Air Mobility 2025: Air-Taxi Pilot Programs, Launch Cities, and Regulatory Hurdles

In April 2025 New York City’s Economic Development Corporation unveiled the Downtown Skyport at the Manhattan heliport, the city’s first eVTOL hub. As of mid-2025, 92 U.S. cities and airports have active plans for eVTOL operations. Abu Dhabi plans to become the world’s first city with a commercial eVTOL service in 2025, with Archer Aviation securing agreements with Abu Dhabi’s government, Etihad Airways, and the UAE’s GCAA to deploy initial city-center to airport routes. Joby Aviation’s S4 is a five-seat piloted eVTOL with six tilt-rotor props, designed for speeds up to 200 mph and a roughly 150-mile range, with prototypes
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