BETA Technologies
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Amazon-Backed Beta Technologies Debuts on NYSE After IPO
Beta Technologies, an electric aerospace company, debuted strongly on the NYSE, closing nearly 6% higher at $36 per share after pricing its IPO at $34. The IPO raised over $1 billion, valuing Beta at $7.4 billion. While Beta faces challenges like a $183.2 million net loss in the first half of the year, it anticipates FAA certification within 30 months. Major investors include Amazon and GE. Competitors Joby Aviation and Archer Aviation saw declines following Beta’s IPO, highlighting the eVTOL market’s volatility. Beta’s success is viewed as a bellwether for the eVTOL industry.
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BETA Technologies Prices Upsized IPO
BETA Technologies, Inc. announced the pricing of its IPO at $34.00 per share for 29,852,941 shares of Class A common stock, exceeding expectations. Shares will trade on the NYSE under the ticker “BETA” starting November 4, 2025. Morgan Stanley and Goldman Sachs & Co. LLC are lead book-running managers. BETA designs and sells electric aircraft, propulsion systems, and charging infrastructure, with over 83,000 nautical miles flown. The company is targeting cargo, defense, passenger, and medical sectors.
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Beta Technologies IPO Could Value Electric Air Taxi Maker at $7.2B
BETA Technologies filed for an IPO, aiming for a $7.2 billion valuation and seeking to raise up to $825 million. The electric aircraft manufacturer’s move comes amid growing investor interest in the eVTOL sector, fueled by government initiatives and partnerships. While BETA’s revenue doubled in the first half of 2025, net losses also widened. A $300 million investment from GE Aerospace signals confidence. BETA differentiates itself with cargo applications. The IPO’s success hinges on navigating regulations, scaling production, and achieving profitability.