Archer stock jumps as Boeing offloads air taxi subsidiaries in exchange for stake - Yahoo Finance
Archer Aviation stock rose after the company acquired three Boeing subsidiaries, including Wisk Aero and Insitu, in exchange for an equity stake. The deal allows Boeing to streamline its operations while maintaining exposure to the air-taxi and drone markets.
Why it matters
This consolidation in the aerospace sector signals a strategic pivot for Boeing toward core businesses while offloading experimental autonomous flight projects.
Archer stock jumps as Boeing offloads air taxi subsidiaries in exchange for stake Pras Subramanian · Senior Reporter Mon, August 10, 2026 at 2:07 PM EDT 2 min read ACHR +8.47% BA +0.19% ARCH.OL +0.20% JOBY -4.43% EVTL -1.50% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Archer ( ACHR ) stock jumped on Monday after the air-taxi maker agreed to buy three of Boeing's ( BA ) aerospace subsidiaries, handing the planemaker an equity stake in return for cash.
Under the agreements , Archer will acquire Boeing's Wisk Aero, the autonomous eVTOL developer; SkyGrid, an air traffic management software firm; and Insitu, a defense drone maker.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in