Electric aircraft manufacturer Beta Technologies successfully launched its initial public offering in New York on Tuesday, raising one billion dollars in new capital and achieving a valuation of 7.4 billion dollars.
The company sold 29.9 million shares at a price of 34 dollars each, equivalent to about 29 euros. The stock closed its first day up by 6 percent, a result exceeding analysts’ expectations for the Vermont-based company.
Despite the strong market debut, Beta Technologies remains in an early growth phase. In the first half of 2025, it reported a loss of 183.2 million dollars (158.9 million euros), compared to a 137.1 million dollar loss in the same period of the previous year. During this time, revenue doubled from 7.6 million to 15.6 million dollars (around 13.5 million euros).
“VTOL technology is set to be officially approved in the US within the next 30 months.”
This milestone could significantly accelerate the commercialization of electric vertical take-off and landing aircraft in the United States.
Beta Technologies stands among the pioneering manufacturers bringing eVTOLs to the public market. Its listing is seen as an important test for the emerging yet competitive electric aviation sector.
Beta Technologies’ Wall Street debut marks a bold step for the electric aviation industry, reinforcing investor confidence despite ongoing financial losses and pending regulatory approval.