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Electric aircraft manufacturer Beta Technologies has raised $1.01 billion in its highly anticipated U.S. initial public offering (IPO), marking one of the largest listings in the resurgent IPO market. The Vermont-based electric aviation pioneer priced 29.9 million shares at $34 each, surpassing its indicated range of $27 to $33, giving the company a valuation of around $7.44 billion.
The IPO’s strong debut reflects renewed investor confidence in innovative clean energy and transportation technologies. Beta Technologies, known for designing and producing high-performance electric aircraft and propulsion systems, is among the few companies pushing the boundaries of sustainable aviation. Its aircraft have been used by the U.S. military for training missions and flown by the Federal Aviation Administration (FAA) — a milestone for the evolving electric aviation industry.
The company’s stock is set to begin trading on the New York Stock Exchange (NYSE) under the ticker symbol “BETA”on Tuesday. Leading financial institutions including Morgan Stanley, Goldman Sachs, BofA Securities, Jefferies, and Citigroup acted as underwriters for the offering, underscoring strong institutional support.
The U.S. IPO market has shown a remarkable rebound in recent months after a slowdown caused by policy shifts under President Donald Trump and broader macroeconomic volatility. While the ongoing government shutdown has temporarily delayed some listings, Beta’s successful offering highlights a robust pipeline of high-profile public offeringsexpected to shape the market in the coming months.
With its breakthrough in electric aviation technology, Beta Technologies is positioned as a major player driving the future of sustainable air travel and green innovation in the aerospace industry.
