Archer Aviation

Evidence of pricing power is limited pre‑certification. Anchor references imply aircraft pricing near 5 million dollars per unit (United’s 1 billion dollar order for 200 aircraft plus options), but realized transaction pricing, service yields per seat‑mile and elasticity are untested in live markets.

Any early scarcity could confer temporary price support, yet competition (Joby, Eve, Beta, others) and regulator‑mediated access could cap take‑rates. Powertrain supply to defense partners adds niche pricing potential but is immaterial today.