The Best eVTOL Stock to Invest $2,000 in Right Now

Several developers of electric vertical take-off and landing (eVTOL) aircraft went public by merging with special purpose acquisition companies (SPACs) in 2021. At the time, many investors were dazzled by these companies' partnerships and rosy long-term expectations, even though they hadn't delivered any commercial aircraft yet.The bulls believed these drone-like eVTOL aircraft would replace traditional helicopters because they were cheaper, greener, quieter, and easier to land in urban areas. The U.S. Air Force, major airlines, automakers, and ride-sharing companies all plan to use these aircraft as air taxis. From 2023 to 2030, Markets and Markets estimates the eVTOL market could expand at a stunning compound annual growth rate (CAGR) of 52%.Image source: Archer Aviation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool