Beta Technologies Debuts on Wall Street
Beta Technologies raised over a billion dollars in fresh capital during its initial public offering (IPO) in New York. The company, based in Vermont, achieved a valuation of $7.4 billion. Its shares were sold at $34 each, surpassing market expectations, and closed with a 6% gain on debut.
Company Financial Performance
- Beta Technologies sold 29.9 million shares in the IPO.
- In the first half of 2025, the company reported a loss of $183.2 million (€158.9 million), an increase compared to a $137.1 million loss in the same period the previous year.
- Revenue doubled from $7.6 million to $15.6 million (€13.5 million) year-over-year.
Technology and Market Impact
Beta Technologies is among the first electric vertical take-off and landing (eVTOL) aircraft manufacturers to go public, marking a significant milestone for the emerging industry. VTOL technology is expected to receive official regulatory approval in the US within the next 30 months.
"VTOL technology is set to be officially approved in the US within the next 30 months."
"Beta Technologies is one of the first manufacturers of electric vertical take-off and landing (eVTOL) aircraft to venture onto the stock market."
Author's Summary
Beta Technologies' successful IPO highlights growing investor confidence in the nascent eVTOL sector despite current financial losses and pending regulatory approval in the near future.