The US government’s recent show of support for companies developing electric-powered aircraft has led to a significant surge in stock prices for two leading players in the industry – Joby Aviation and Archer Aviation. In a move seen as a boost to innovation, President Trump signed an executive order aimed at encouraging American firms to invest in electric aviation technology. This backing from the White House is lifting stocks of these companies, indicating growing optimism about their prospects in this rapidly evolving field.
Source: https://www.barrons.com/articles/joby-archer-stock-price-trump-1c462d20