Electric Plane Maker Beta Technologies Raises $1 Billion in IPO
Beta Technologies Inc., an electric-powered aircraft manufacturer, raised $1.02 billion in an upsized initial public offering, pricing above the marketed range despite turbulence created by the US government shutdown.
By Anthony Hughes, Jordan Fitzgerald · Bloomberg
Beta Technologies Inc., an electric-powered aircraft manufacturer, raised $1.02 billion in an upsized initial public offering, pricing above the marketed range despite turbulence created by the US government shutdown.