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3 Flying Car Stocks To Buy As The FAA Prepares For Take Off

Flying car stocks are soaring since Alef Aeronautics received a special airworthiness certificate from the Federal Aviation Administration for its Model A. The certification will allow the flight of its vehicle in limited locations for the purposes of exhibition, research, and development.

The Model A is a road-legal passenger car capable of vertical takeoff and forward flight. It is expected to boast a driving range of 200 miles and 110 miles of flight while carrying 2 passengers. Deliveries are expected to begin in 2025.

The news means that the discussion of flying car stocks has heated up again, causing investors to reconsider shares in the sector.

This post appeared first on InvestorPlace.