The U.S. IPO market in 2025 has been relatively busy, with plenty of household names going public, including Klarna, eToro, and Chime. But as you can tell from that brief list, many of the most closely watched IPOs this year have been companies operating in the fintech space.
In a change of pace, one company operating in the aerospace sector is expected to make its market debut today. Here’s what you need to know about Beta Technologies and its initial public offering:
What is Beta Technologies?
Beta Technologies is an aerospace company that specializes in electric aircraft, electric charging systems, and electric propulsion systems.
The company was founded in 2017 by pilot and engineer Kyle Clark, who is Beta’s current CEO. It is based in South Burlington, Vermont.
As far as aircraft go, the company has developed two electric vehicles.
The first is a conventional fixed-wing take-off and landing (CTOL) electric aircraft. This aircraft uses a conventional runway to take off and land.
The second is a vertical take-off and landing (VTOL) electric vehicle. This one uses rotating propellers to take off vertically. Both the CTOL and VTOL versions of the electric aircraft are known as the Alia.
Beta says its Alia aircraft have now flown more than 83,000 nautical miles on trips across the United States.
Last year, Beta Technologies was named as one of Fast Company’s most innovative companies operating in the transportation space. At the time, Fast Company highlighted Beta’s flight milestones as well as its deliveries of its aircraft to the U.S. Department of Defense, with which the company has contracts.
In its Form S-1 filing with the U.S. Securities and Exchange Commission (SEC), Beta Technologies highlighted the energy efficiency of its Alia CTOL vehicle. A flight into John F. Kennedy International Airport required just $7 in fuel costs. That represented an approximate 95% savings over combustion aircraft, the company says.
As of the end of June, the company reported having 828 full-time employees. For the fiscal year that ended on December 31, 2024, Beta said it generated just over $15 million in revenue. For the six-month period ending on June 30, 2025, the company generated $15.5 million in revenue.
When is Beta’s IPO?
Beta Technologies announced the pricing of its shares on Monday. It plans to list its shares today (Tuesday, November 4) on the New York Stock Exchange (NYSE).
What is Beta’s stock ticker?
Shares will trade under the stock ticker “BETA.”
What is the IPO share price of Beta?
The initial public offering price for Beta shares is $34 per share. That was above its marketed target range of $27 and $33 apiece.
How many Beta shares are available in its IPO?
Upon its IPO listing, Beta Technologies made roughly 30 million shares of its Class A common stock available, according to the company’s press release.
How much will Beta Technologies raise in its IPO?
Beta Technologies raised just over $1 billion in its IPO.
How much is Beta Technologies worth?
After its IPO, Beta Technologies has a potential valuation of $7.44 billion, according to Reuters.
Beta is the latest aerospace startup to go public
While the electric aerospace market is a relatively small one compared to other industries like technology or finance, a number of aerospace startups have gone public in the past few years, in some cases merging with special purpose acquisition companies, or SPACs.
Electric aircraft companies that have gone public in recent years include Joby Aviation and Vertical Aerospace in 2021, Surf Air Mobility in 2023, and Firefly Aerospace in 2025.