Beta Technologies Enters Stock Market with Strong Valuation
Beta Technologies raised over a billion dollars in fresh capital during its Wall Street debut, achieving a valuation of $7.4 billion. The company, based in Vermont, sold 29.9 million shares at $34 each, outperforming expectations. The stock closed up 6% on its first day of trading in New York.
Business Performance and Financials
Founded in 2017, Beta Technologies remains relatively small in scale. In the first half of 2025, the company reported a loss of $183.2 million (€158.9 million), compared to a $137.1 million loss in the same period last year. Despite this, revenue doubled from $7.6 million to $15.6 million (€13.5 million), signaling growing demand for its products.
Market Position and Technology
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 and highly competitive eVTOL industry.
"VTOL technology is set to be officially approved in the US within the next 30 months."
This impending approval could further accelerate the company's growth prospects.
Summary
Beta Technologies’ successful IPO highlights investor confidence in eVTOL technology despite ongoing losses, positioning the company as a key player in the electric aircraft sector.