U.S. stocks of eVTOL concept companies surge as investors bet on Trump's new drone policy
On Monday, pre-market U.S. stocks in the eVTOL concept continued to rise sharply, with Archer Aviation and Joby Aviation both up 9%, and Vertical Aerospace rising 8%
An executive order signed by Trump aimed at reversing the decline of the U.S. drone industry has sparked a surge in U.S. eVTOL concept stocks.
According to CCTV News, on the 6th local time, the White House announced that U.S. President Trump signed multiple executive orders to promote the development of supersonic aviation and ensure that the U.S. maintains its leadership in drone research, commercialization, and export.
With Trump signing three executive orders aimed at accelerating drone development, the capital market quickly responded. On Monday, U.S. eVTOL concept stocks continued to soar before the market opened.
Specifically, Archer Aviation and Joby Aviation both saw their stock prices rise by 9%, Vertical Aerospace increased by 8%, while Blade Air Mobility recorded a 2% gain.
The three executive orders signed have clear goals and a dual approach. On one hand, the orders instruct the Federal Aviation Administration (FAA) to expedite the formulation of rules allowing companies to operate eVTOL aircraft under "beyond visual line of sight" conditions. This will be a key step for drone technology to transition from testing to large-scale commercial application.
On the other hand, the orders also emphasize the importance of tightening national security restrictions. According to the document, U.S. officials have been concerned about foreign adversaries using drones to surveil military bases and other sensitive locations.
The orders stress that establishing a strong and secure domestic drone sector is crucial for reducing dependence on foreign sources, strengthening critical supply chains, and ensuring that the American people benefit from technological advancements.
Behind this series of radical policies is a profound anxiety in the U.S. about its own decline in this field. During the four years of the Biden-Harris administration, the development of the U.S. drone industry has stagnated. Earlier this year, Marc Andreessen, co-founder of the renowned Silicon Valley venture capital firm Andreessen Horowitz and billionaire, stated that the previous administration stifled the U.S. drone industry
