Overview
- The company plans to sell 25 million shares at $27 to $33 each, a deal that would raise as much as $825 million and imply a valuation of about $7.2 billion at the top end.
- Regulatory filings moved forward under SEC instructions that allow certain IPO disclosures to become automatically effective after 20 days despite limited staff review.
- GE Aerospace agreed last month to invest $300 million and take a stake in Beta as part of a collaboration to develop a hybrid‑electric turbogenerator.
- Morgan Stanley, Goldman Sachs, Bank of America, and Jefferies are listed as underwriters on the offering.
- Beta reported a $183 million net loss on $15.6 million in revenue in the first half of 2025, and it says new funding would support production scale‑up, pilot training, and a North American charging network.