S&P 5007,709.96▼0.2% Nasdaq26,348.35▼0.1% Dow53,885.10▼0.8% Russell 2K3,001.55▼0.6% 10-Yr4.67%+5bp VIX15.15−0.66 WTI$78.07▲3.8% Gold$4,292.00▲1.1% EUR/USD1.152▼0.3% BTC$64,841▼0.0% Nikkei65,101▼1.8%
At close · Fri, Aug 7, 2026
Daily Market Updates.

US Markets

Home›US Markets›M&A & Deals›Boeing to sell autonomous flight subsidiaries to Arche…

Boeing to sell autonomous flight subsidiaries to Archer Aviation

The deal gives Boeing a 16.5 percent stake in Archer Aviation as part of the transaction structure.

Reported · Written up by our desk · M&A & Deals

Boeing will sell three autonomous flight subsidiaries to Archer Aviation, according to the New York Times Business section.

As part of the agreement, Archer Aviation, which is developing a piloted electric aircraft, will transfer an equity stake to Boeing.

The NYT Business reports that Boeing will receive a 16.5 percent stake in Archer in exchange for the sold subsidiaries.

← Newer storyTCS says alerts cite possible exposure of some employee data

More like this

US MarketsApple tests CXMT memory chips for China-market iPhones and MacBooks
US MarketsGlobal drugmakers pledge about $500 billion for expanded U.S. capacity
US MarketsLos Azules copper project nears final investment decision
US MarketsJohn Lewis managing director Peter Ruis quits after tough trading warning
US MarketsMeta leans into open AI models and tighter Washington ties

Sources

NYT BusinessBoeing to Sell 3 Autonomous Flight Subsidiaries

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.