Electric aircraft maker Beta Technologies is preparing for a U.S. initial public offering that could value the company at about $7.22 billion, according to its recent regulatory filing. The firm plans to offer 25 million shares priced between $27 and $33 each, aiming to raise as much as $825 million. Cornerstone investors, such as Alliance Bernstein, BlackRock, Ellipse, GE Aerospace, and Federated, are expected to invest up to $300 million in Class A shares.
The IPO comes amid renewed activity in the U.S. market, supported by easing volatility and improved investor confidence. Morgan Stanley, Goldman Sachs, BofA Securities, Jefferies, and Citigroup are serving as underwriters for the offering. Beta Technologies designs and manufactures electric aircraft, propulsion systems, and charging infrastructure. The company seeks to leverage the capital raised to strengthen its growth trajectory and advance its electric aviation technology. A successful debut could position Beta among the leading players in the emerging electric aviation sector, highlighting investor interest in sustainable air mobility solutions.
