The analysis discusses Archer Aviation (ACHR), an electric air taxi company trading under $10 after a 160% rally, with an outlook that is bullish but cautious. ACHR has a $6 billion order book and almost $2 billion in cash, plus a deal with the UAE to launch commercial flights, as early as this year. The company burns $200 million per quarter, and has no revenue. Archer has two facilities, and manufacturing in Georgia is projected to ramp up to a rate of two midnight aircraft per month. The analyst is not a financial advisor and does not give recommendations. Motley Fool is mentioned, and it offers top 10 stock picks. The main product, Midnight, carries 4 passengers plus a pilot and cruises at 150 mph. A partnership with the US Air Force is also mentioned, with a contract worth $142 million. Type certification is being tested and analyzed, and in case of failure the investments could be crushed. Stock price may reach 12.39 based on average analyst target.