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Electric aircraft developer Beta Technologies has officially filed public documentation for an initial public offering (IPO) in the United States, confirming a Sept. 23 report by The Air Current on its intention to sell shares on the open market.
For the past four years, privately-held Beta has remained relatively tight-lipped on its finances and future plans compared to its publicly-traded peers. Now, the company is disclosing new details about its business — including active development of a 19-passenger aircraft — as it prepares to list on the New York Stock Exchange under the ticker symbol BETA, with underwriting from Morgan Stanley and Goldman Sachs.
The company’s Form S-1 registration statement, filed with the U.S. Securities and Exchange Commission (SEC) on Sept. 29, represents the first time Beta has shared granular financial data with the public. It reveals some early revenue streams but mounting expenses as Beta ramps up manufacturing and staffing, with more than 800 full-time employees as of June 2025.
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