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on Monday, up 15.6% as of 2:03 p.m. ET. The spike comes as the S&P 500 is up 0.4%, and the Nasdaq Composite is up 0.7%.Archer successfully showed off its electric vertical takeoff and landing (eVTOL) aircraft Midnight at the California International Air Show over the weekend as rumors swell regarding a possible Tesla partnership.Archer's Midnight eVTOL took off and flew above the crowds at the 2025 California International Air Show in Salinas, California this weekend. The company noted the lack of noise produced by Midnight despite reaching speeds of 125 miles per hour. The flight comes on the heels of two of Midnight's highest-altitude test flights to date, with one reaching 10,000 feet, bringing the aircraft one step closer to full commercial flight, which management expects to achieve in 2026.Image source: Getty Images.It also follows a social media post from Archer on Friday that featured a Tesla vehicle and an Optimus robot. Many investors took this to mean the two companies could soon announce an official partnership.While the rumor is exciting, it remains just that at this point -- a rumor -- and even if a partnership is on the horizon, it's not known how substantial it would be. Archer is still a pre-revenue company burning cash as it develops unproven technology. The opportunity could be enormous, but it is hard to truly gauge just how much demand there is for eVTOLs. With a nearly $9 billion market capitalization, the market will have to be pretty big. I would avoid Archer at this point.Before you buy stock in Archer Aviation, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Archer Aviation wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $621,976!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,150,085!*Now, it’s worth noting Stock Advisor’s total average return is 1,058% — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,771.75 +10.25 (+0.15%)Dow Futures46,912.00 +60.00 (+0.13%)Nasdaq Futures25,098.75 +59.50 (+0.24%)Russell 2000 Futures2,481.30 +7.80 (+0.32%)VIX16.90 -0.34 (-1.97%)Gold4,060.70 +56.30 (+1.41%)PortfolioSign in to access your portfolioSign inTop gainersDGNX Diginex Limited 24.20 +4.40 (+22.22%)TMC TMC the metals company Inc. 9.28 +1.56 (+20.21%)RGC Regencell Bioscience Holdings Limited 20.05 +2.80 (+16.23%)QURE uniQure N.V. 57.92 +5.01 (+9.47%)JHX James Hardie Industries plc 21.72 +1.63 (+8.11%)Top losersPTON Peloton Interactive, Inc. 7.31 -1.03 (-12.35%)MFH Mercurity Fintech Holding Inc. 32.01 -3.78 (-10.56%)SANM Sanmina Corporation 125.62 -14.38 (-10.27%)FLNC Fluence Energy, Inc. 13.83 -1.43 (-9.37%)FORM FormFactor, Inc. 38.83 -3.74 (-8.79%)Most activeOPEN Opendoor Technologies Inc. 9.29 +0.00 (+0.03%)PLUG Plug Power Inc. 3.8700 -0.2600 (-6.30%)DNN Denison Mines Corp. 2.8500 +0.0400 (+1.42%)RGTI Rigetti Computing, Inc. 43.91 +2.20 (+5.27%)F Ford Motor Company 11.92 -0.78 (-6.14%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersPOET POET Technologies Inc. 7.88 +1.50 (+23.51%)BURU Nuburu, Inc. 0.4750 +0.2200 (+86.27%)GLTO Galecto, Inc. 17.92 +14.21 (+383.02%)ORCL Oracle Corporation 284.24 -7.35 (-2.52%)TMC TMC the metals company Inc. 9.28 +1.56 (+20.21%)Top economic events