I recently upgraded the rankings on Joby Aviation and Archer Aviation stocks, informing investors with a very high risk tolerance that the risk versus reward is now worthwhile for these EVTOL companies.
But now I'm getting the question, which one of these two EVTOL companies is the better investment at current market prices? So when we're looking at scale, Joby Aviation has the early advantage with $116 million in trailing 12-month revenue compared to just 6.9 million for Archer Aviation.
Last month when Archer Aviation announced that it was buying Whisk Arrow, Institute, and Sky Grid from Boeing in what appeared to me to be a sweetheart deal for Archer Aviation, the stock price soared, but in the last month, it's given up some of those gains initially received after that announcement.
