Archer Aviation: Sky High Valuation For Untested, Speculative Flying Taxi Market

Nov. 05, 2021 6:15 AM ETArcher Aviation Inc. (ACHR)JOBY, LILM9 Comments
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Summary

  • The flying taxi start-up is presently valued at $1.6B after shedding ~30% of its value during the year.
  • It touts zero sales, an unchartered market, and looming regulatory hurdles.
  • It showcases best-in-class engineering and technology.
  • But are consumers and regulators ready to bottleneck the skies to de-bottleneck roadways?

Futuristic drone flying over the city

narvikk/iStock via Getty Images

Macro-economic Overview

It was only several days ago that President Biden, attending COP26, showcased America's ambition to put climate at the heart of Democratic party policy. Just before the political masquerading, he called Saudi Arabia, imploring them to pump more oil

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ZMK Capital is a Southeast Asian based prop trading desk focusing on long/ short macro set ups globally. Additionally, the desk publishes equity specific research, ETF overviews, earnings plays and macro-economic analysis. Current focal points include the global energy market, natural resources, macro-economics, interest rates and Fx. Beyond managing money in these markets, interests include data science linked to securities markets, game theory & professional sports.Feel free to direct message ZMK if you are interested in being part of a community of prop traders, investors & money managers.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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