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Beta Technologies aims for $7.22 billion valuation in US IPO
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Beta Technologies aims for $7.22 billion valuation in US IPO
Oct 15, 2025 3:04 PM

Oct 15 (Reuters) -

Electric aircraft maker Beta Technologies said in a

regulatory filing on Wednesday that it was aiming for a U.S.

listing valuing the company at about $7.22 billion.

Vermont-based Beta plans to offer 25 million shares priced

between $27 and $33 each and is seeking to raise up to $825

million.

The offering comes amid a rebound in U.S. IPO activity

driven by easing market volatility, which is lifting investor

sentiment after a period of trade policy uncertainty.

Despite the U.S. government shutdown, companies can allow

their statements to become effective automatically, which

involves setting their IPO pricing 20 days before the listing

instead of finalizing it the night before after a U.S.

Securities and Exchange Commission review.

Cornerstone investors including Alliance Bernstein,

BlackRock ( BLK ), Ellipse, GE Aerospace and Federated

may buy up to $300 million in Class A shares in the

offering.

Beta designs, manufactures and sells high-performance

electric aircraft, advanced electric propulsion systems,

charging systems and components.

The company filed for an initial public offering in late

September and reported a net loss of $25.57 per share for the

six months ended June 30, compared with $19.38 per share a year

earlier.

It will list on the New York Stock Exchange under the ticker

symbol "BETA".

Morgan Stanley, Goldman Sachs, BofA Securities, Jefferies

and Citigroup are among the underwriters for the offering.

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