Bank of America predicts a 62% increase in global adoption of electric vehicle take-off and landing (eVTOL) aircraft by 2030. Cathie Wood of Ark Invest is investing in Archer Aviation (NYSE: ACHR) for the Ark Innovation ETF, citing positive developments in the air taxi market. Archer Aviation has seen its stock price double in the past year, with partnerships with major airlines and plans to manufacture 50 aircraft annually. The company has also been named the official air taxi service for the 2028 Olympic Games in Los Angeles, making it a potential breakout growth stock to watch.

Read more at Nasdaq: 1 Reason I Can’t Stop Thinking About Archer Aviation Stock in 2025