Beta Technologies’ updated prospectus for its initial public offering, filed Wednesday, sets the stage for one of the largest listings in the electric aviation sector this year, with a potential valuation of up to $7.2 billion.
The Vermont-based electric aircraft maker said it plans to sell 25 million shares at a price range of $27 to $33 each, raising as much as $825 million if priced at the top end.
The filing comes at a delicate time for U.S. capital markets. A days-long government shutdown has threatened to delay regulatory approvals and slow what had been a steady rebound in IPO activity following years of stagnation. The U.S. Securities and Exchange Commission earlier this month issued guidance allowing IPO proceedings to continue despite reduced operations, giving Beta a window to push ahead.
Register for Tekedia Mini-MBA edition 19 (Feb 9 – May 2, 2026): big discounts for early bird.
Tekedia AI in Business Masterclass opens registrations.
Join Tekedia Capital Syndicate and co-invest in great global startups.
Register for Tekedia AI Lab: From Technical Design to Deployment (next edition begins Jan 24 2026).
Beta’s offering would mark one of the first major market tests for electric vertical takeoff and landing (eVTOL) manufacturers since investor enthusiasm began returning to high-growth aviation technology stocks. The company is part of a small but expanding group of eVTOL developers seeking to commercialize short-range electric aircraft for urban and regional transport.
Its closest rivals, Joby Aviation and Archer Aviation, have both seen a surge in valuation this year. Joby’s recent partnership with defense contractor L3Harris, announced in July, was described by the company as a move to “advance dual-use technologies for civil and defense applications.” Archer Aviation, meanwhile, was named an official partner for the 2028 Olympic Games in Los Angeles.
These developments have helped lift investor confidence across the industry, which had struggled after an early wave of speculative SPAC listings failed to meet expectations.
However, Beta Technologies remains loss-making. The company reported a net loss of $183 million in the first six months of 2025, widening from a $137 million loss in the same period last year. But revenues more than doubled over the same period, from $7.6 million to $15.6 million, reflecting early-stage progress in converting prototype development into commercial momentum.
A $300 million investment by GE Aerospace last month further strengthened Beta’s financial position and signaled growing institutional confidence in the company’s technology. GE’s investment also came with a strategic stake, underscoring what GE described as a “commitment to the next generation of electric propulsion systems.”
President Donald Trump’s administration has also added momentum to the industry by supporting early commercialization through a pilot eVTOL program announced earlier this year. The initiative aims to “accelerate certification and deployment of U.S.-made electric vertical aircraft,” according to an official White House statement.
Underwriters for Beta’s IPO include Morgan Stanley, Goldman Sachs, Bank of America, and Jefferies—firms that have all handled several of this year’s highest-profile listings.
With market conditions stabilizing and investor sentiment gradually improving, Beta’s offering will serve as a key test of how much risk investors are willing to take on in a still-developing segment of the aviation industry. The company’s valuation ambitions, paired with its strategic alliances and federal policy support, could determine whether electric aircraft firms can transition from experimental ventures to mainstream market players.
Analysts say the coming weeks will reveal whether Beta can attract the institutional demand needed to sustain its pricing range and deliver a post-IPO lift that has eluded several clean-energy and aerospace startups in recent years.