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Stephen Ross Backs Archer's $200 Air Taxi Revolution

12/4/2025

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Summary

Story summary

Stephen Ross, billionaire owner of the Miami Dolphins, is investing in Archer Aviation.
Archer plans eVTOL flights in South Florida with $200 rides from Miami to West Palm Beach to ease traffic amid growth.
Archer's flagship Midnight carries four passengers and reaches 150 mph.
The company targets urban markets such as New York and Los Angeles and holds an exclusive air taxi contract for the 2028 Los Angeles Olympics.

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Story summary

Stephen Ross, billionaire owner of the Miami Dolphins, is investing in Archer Aviation.
Archer plans eVTOL flights in South Florida with $200 rides from Miami to West Palm Beach to ease traffic amid growth.
Archer's flagship Midnight carries four passengers and reaches 150 mph.
The company targets urban markets such as New York and Los Angeles and holds an exclusive air taxi contract for the 2028 Los Angeles Olympics.