Archer Aviation, an air taxi manufacturer specializing in electric vertical takeoff and landing (eVTOL) aircraft, has raised $850 million in a stock offering. The capital raise follows a recent executive order issued by President Donald Trump, which established an eVTOL Integration Pilot Program aimed at accelerating the deployment of eVTOL technology in the United States. Despite the fundraising success, Archer's stock experienced a decline of approximately 14-15.7% in pre-market trading. Investors have responded by purchasing shares at lower prices, with some adding to their positions amid the dip.