BETA Technologies, Inc.

BETA Technologies, Inc. (BETA) priced its initial public offering on Nov 4, 2025 at $34.00 per share, above its $27.00–$33.00 range, raising $1.01B, and listed on NYSE. At the IPO price its market capitalization was about $7.61B. Morgan Stanley was lead-left underwriter, joined by Goldman Sachs, BofA Securities and Jefferies and others. Kirkland & Ellis advised the company and Davis Polk advised the underwriters.

BETA Technologies, Inc. designs, manufactures and sells electric aircraft, electric propulsion systems, charging systems and components. It has invested in the underlying infrastructure for electric aviation and has a presence in North America.

Status

IPO

Ticker

BETA

Exchange

NYSE

Priced

Nov 4, 2025

IPO price

$34.00

Price range

$27.00–$33.00

Raised

$1.01B

Market cap at IPO price

$7.61B

First filed

Sep 29, 2025

Underwriters

Morgan Stanley, Goldman Sachs, BofA Securities, Jefferies, Citigroup, Cantor, BTIG and Needham

Company counsel

Kirkland & Ellis

Underwriters' counsel

Davis Polk

Sector

Industrials & materials

Country / state

VT

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.