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Transportation Secretary Sean Duffy Says Air Taxis Are Coming Under Trump Administration

MarketDash Editorial Team
3 days ago
Transportation Secretary Sean Duffy gave air taxi companies a major confidence boost, saying the vehicles will "100%" operate in the U.S. and predicting they'll transform everything from urban transportation to drone deliveries.

If you've been wondering whether flying taxis will ever move beyond sci-fi concept videos, Transportation Secretary Sean Duffy just gave you an answer: "100%."

Air Taxis Get the Green Light

During an appearance on The Clay Travis and Buck Sexton Show on Thursday, Duffy didn't mince words when asked about air taxis becoming a reality under President Donald Trump. He enthusiastically confirmed they're coming, describing the vehicles as "safer and quieter and cheaper than a helicopter."

This is potentially huge news for Joby Aviation Inc. (JOBY) and Archer Aviation Inc. (ACHR), the two leading companies racing to commercialize electric vertical takeoff and landing aircraft in the United States.

Duffy went further, noting that the aviation industry hasn't seen major changes in seven or eight decades. He predicted a significant transformation not just in how people move around, but in how products get delivered. He specifically mentioned DoorDash Inc. (DASH), which recently partnered with Family Dollar to let customers order groceries and health products through the DoorDash app.

"With drone deliveries, you're gonna be able to get a hot cup of coffee, your DoorDash" or other "3.5-5-lb deliveries," Duffy explained. He emphasized that air taxis would be "fairly inexpensive" and help people navigate through airspace in areas that are otherwise difficult to access.

Market Response

Investors clearly liked what they heard. JOBY surged 7.72% to $15.76 at market close on Thursday, though it dipped slightly by 0.57% to $15.67 in after-hours trading. ACHR jumped 7.19% to $8.95 at market close, then declined 0.34% to $8.92 after hours.

The enthusiasm makes sense given Archer's recent announcement of a Miami Air Taxi Network, promising 10-20-minute flights connecting Miami, West Palm Beach, Fort Lauderdale, and Boca Raton. That's the kind of concrete plan that turns regulatory approval from abstract to very real.

It's worth noting that Hunterbrook Media recently released a critical report on Archer Aviation, alleging the company failed to deliver on its promise of showcasing a demo for its Midnight eVTOL at the Dubai Airshow. But with Duffy's backing, the broader regulatory path seems clearer than ever.

Back to News

Transportation Secretary Sean Duffy Says Air Taxis Are Coming Under Trump Administration

MarketDash Editorial Team
3 days ago
Transportation Secretary Sean Duffy gave air taxi companies a major confidence boost, saying the vehicles will "100%" operate in the U.S. and predicting they'll transform everything from urban transportation to drone deliveries.

If you've been wondering whether flying taxis will ever move beyond sci-fi concept videos, Transportation Secretary Sean Duffy just gave you an answer: "100%."

Air Taxis Get the Green Light

During an appearance on The Clay Travis and Buck Sexton Show on Thursday, Duffy didn't mince words when asked about air taxis becoming a reality under President Donald Trump. He enthusiastically confirmed they're coming, describing the vehicles as "safer and quieter and cheaper than a helicopter."

This is potentially huge news for Joby Aviation Inc. (JOBY) and Archer Aviation Inc. (ACHR), the two leading companies racing to commercialize electric vertical takeoff and landing aircraft in the United States.

Duffy went further, noting that the aviation industry hasn't seen major changes in seven or eight decades. He predicted a significant transformation not just in how people move around, but in how products get delivered. He specifically mentioned DoorDash Inc. (DASH), which recently partnered with Family Dollar to let customers order groceries and health products through the DoorDash app.

"With drone deliveries, you're gonna be able to get a hot cup of coffee, your DoorDash" or other "3.5-5-lb deliveries," Duffy explained. He emphasized that air taxis would be "fairly inexpensive" and help people navigate through airspace in areas that are otherwise difficult to access.

Market Response

Investors clearly liked what they heard. JOBY surged 7.72% to $15.76 at market close on Thursday, though it dipped slightly by 0.57% to $15.67 in after-hours trading. ACHR jumped 7.19% to $8.95 at market close, then declined 0.34% to $8.92 after hours.

The enthusiasm makes sense given Archer's recent announcement of a Miami Air Taxi Network, promising 10-20-minute flights connecting Miami, West Palm Beach, Fort Lauderdale, and Boca Raton. That's the kind of concrete plan that turns regulatory approval from abstract to very real.

It's worth noting that Hunterbrook Media recently released a critical report on Archer Aviation, alleging the company failed to deliver on its promise of showcasing a demo for its Midnight eVTOL at the Dubai Airshow. But with Duffy's backing, the broader regulatory path seems clearer than ever.