BETA Technologies, Inc. has priced its upsized initial public offering (IPO), confirming plans to sell 29,852,941 shares of its Class A common stock at $34.00 per share. The electric aerospace firm, which develops battery-powered aircraft, said the shares carry a par value of $0.0001 each.
The company has also granted underwriters a 30-day option to buy up to an additional 4,477,941 shares at the IPO price, excluding underwriting fees and commissions.
BETA’s Class A shares are due to begin trading on the New York Stock Exchange on 4 November 2025, using the ticker symbol “BETA.” Completion of the offering is expected on 5 November 2025, subject to standard closing requirements.
Morgan Stanley and Goldman Sachs & Co. LLC are acting as lead book-running managers. BofA Securities, Jefferies, TPG Capital BD, LLC and Citigroup are book-running managers, while Cantor, BTIG and Needham & Company are serving as bookrunners.
The company confirmed that a registration statement for the offering became effective on 3 November 2025. It added that the announcement does not amount to an offer or invitation to purchase securities, nor will shares be sold in any jurisdiction without appropriate registration or qualification under local securities legislation.
About BETA Technologies, Inc.
BETA is an aerospace company designing, manufacturing and selling high-performance electric aircraft, advanced electric propulsion systems, components and charging systems to top operators worldwide. BETA has built and flown its family of ALIA aircraft, consisting of both conventional fixed-wing electric aircraft (the “ALIA CTOL”) and electric vertical takeoff and landing aircraft (“ALIA VTOL”), more than 83,000 nautical miles, including multiple trips across the United States. BETA is deploying a network of charging infrastructure to enable the growing industry with more than 50 sites online across the U.S. and Canada. BETA’s intentional approach to developing the enabling technologies necessary to electrify aviation unlocks lucrative aftermarket revenue opportunity over the life of each aircraft. These highly-scalable enabling technologies allow BETA to serve a customer base across cargo and logistics, defense, passenger and medical end markets and unlock cost-effective and safe missions.
