These Stocks Are Taking Flight After Trump’s Executive Order – 6/10

Flying Car Stocks Set to Soar on Trump’s New Executive Orders

Back in October 2024, we highlighted a pair of speculative—but high-potential—flying car stocks that could revolutionize transportation: Joby Aviation (JOBY) and Archer Aviation (ACHR).

At the time, they were virtually under the radar. Now, both are making serious noise.

• Joby Aviation (SYM: JOBY) has jumped from ~$5.50 to $8.12, a 48% surge in just a few months.

• Archer Aviation (SYM: ACHR) has exploded from ~$3.15 to $10.19—a massive 223% gain.

These aren’t just fluke runs. They’re part of a major trend — and the real upside could still be ahead, thanks to new political support.

Trump’s Executive Orders Could Light a Fire Under eVTOL Stocks

President Trump just signed a series of executive orders aimed at slashing red tape and accelerating the rollout of drone and electric vertical takeoff and landing (eVTOL) technologies in the U.S.

Michael Kratsios, Trump’s top tech policy advisor, said:

“Flying cars are not just for the Jetsons. Since the beginning of his first term, President Trump has recognized the incredible potential of drones to boost American productivity, create high-skilled jobs and meet national needs… But for too long, red tape has hindered homegrown drone innovation.”

These executive actions are expected to streamline federal approval processes, open up airspace corridors, and accelerate certification timelines — creating a major tailwind for companies like Joby and Archer.

Company: Joby Aviation (SYM: JOBY)
Major Backing, Big Progress

We first flagged Joby Aviation when it traded around $5.50. Today, it’s up to $8.12, and the bullish case continues to strengthen.

Joby is developing electric air taxis that could transform how people commute in dense, traffic-congested cities. Imagine skipping a 90-minute commute by flying over it in 15 minutes — clean, quiet, and without emissions.

The company is already FAA certified to begin commercial operations and has made big strides toward launch readiness.

Here’s what’s pushing it forward:

• Saudi Arabia Deal: Joby recently signed an agreement with Abdul Latif Jameel to expand into the Middle East, specifically Saudi Arabia, where new infrastructure cities like NEOM are being designed with flying cars in mind.

• Toyota Investment: Joby has landed a $250 million investment from Toyota, one of its early strategic partners. Toyota’s backing adds credibility, industrial support, and manufacturing muscle for scale production.

• Manufacturing Milestone: Joby also recently opened its pilot production line in Marina, California, with plans to deliver units to the U.S. Air Force under its Agility Prime program.

With a first-mover advantage, deep-pocketed partners, and fresh political support, JOBY is in a prime position to keep climbing.

Company: Archer Aviation (SYM: ACHR)
223% Gain and Still Early?