Boeing Sells Drone and Air Taxi Businesses to Archer

On August 10, 2026, Boeing sold three of its aviation businesses to Archer Aviation, receiving a near 20% ownership stake in return. The sale includes self-flying electric air taxis, military drones that earn over $200 million yearly across 35 countries, and software that manages city air traffic. Boeing keeps access to the self-flying technology. Archer's stock jumped 20%, though its air taxi service has not started.