Adam Goldstein Archer Net Worth: $11M EVTOL Stock Sale Sparks Probe
The $11 Million Question: Archer Aviation CEO's Stock Sale Under Scrutiny Adam Goldstein, CEO of Archer Aviation, recently sold $11 million worth of company stock, prompting an investigation by the Securities and Exchange Commission (SEC) into potential insider trading violations. This article examines the circumstances surrounding the sale, the ongoing investigation, and its implications for Archer Aviation and the burgeoning eVTOL (electric vertical takeoff and landing) industry. A Closer Look at the Transaction Goldstein's sale involved 5,400,000 shares of Archer Aviation stock, yielding $11,022,480....