Beta Technologies ends first day on NYSE in the green and $1B raised
Update: 2025-11-04
Description
Beta Technologies, an electric aviation startup from Vermont, successfully debuted on the NYSE, raising over $1 billion in its IPO. Despite a government shutdown, the company pushed ahead with its plans, attracting investments from major players like Fidelity and the Qatar Investment Authority. The IPO marked a significant milestone for the company, which is now focused on getting its electric aircraft commercially certified by the FAA. Beta has designed two models, Alia CX and Alia A, and has developed an electric aircraft charging network. While the company generated $15.6 million in revenue in the first half of 2025, it is not yet profitable, with net losses increasing to $183 million.
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