Nov 07, 2025

Archer Aviation (ACHR) Stock: Cathie Wood Buys $28M as Company Buys LA Airport

TLDR Archer Aviation acquired Hawthorne Airport in LA for $126 million to establish its air taxi operations hub and AI testing facility. ARK Investment purchased 3 million shares worth $28.8 million on November 6, 2025. The company raised $650 million in equity, pushing total liquidity beyond $2 billion. Midnight aircraft set records with a 55-mile [...]

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Source: Blockonomi →