Trump Opens New "Frontier" – Drone Stocks Surge 30% in 4 Days as eVTOL Commercialization Accelerates

TradingKey - Following U.S. President Donald Trump’s executive order to accelerate drone development, drone-related stocks saw a sharp rally. Within just four trading days, shares of two leading electric vertical takeoff and landing (eVTOL) companies — Joby Aviation and Archer Aviation — surged nearly 30%.

On Friday, June 6, President Trump signed three executive orders aimed at strengthening U.S. defenses against adversarial drones, while also promoting the development of electric air taxis and supersonic commercial aircraft.

Analysts see this as a critical step toward enabling commercial drone delivery in the U.S., and part of broader efforts to reduce dependence on Chinese drone manufacturers — particularly DJI, which holds over 50% market share in the U.S. commercial drone sector.

Over the four trading days through June 11, Joby Aviation (JOBY) rose 27.38%, and Archer Aviation (ACHR) gained 30.02%.

What Is eVTOL?

Electric Vertical Takeoff and Landing (eVTOL) aircraft combine the convenience of helicopters with the efficiency of electric propulsion, offering a fast, convenient, and environmentally friendly mode of urban air mobility.

According to a report by MarketsandMarkets, the global eVTOL market was valued at $760 million in 2024, and is projected to reach $4.67 billion by 203 , growing at a CAGR of 35.3%.

Ken Griffin, founder of Citadel Securities, has invested in both JOBY and ACHR, betting on the promising future of drone commercialization.

Commercialization Gains Momentum

While many believe that passenger drone commercialization remains in its infancy, both industry leaders are actively partnering with major corporations and expanding into international markets — particularly in the Middle East.

By now, Joby Aviation has formed a strategic alliance with Delta Air Lines. Archer Aviation has partnered with United Airlines and Abu Dhabi Aviation.

Industry expectations suggest that these companies’ aerial vehicles could begin operations in the UAE later this year, with FAA certification expected in 2026.