Core Insights - Beta Technologies successfully debuted on the New York Stock Exchange, raising $1 billion with an initial share price of $34, which closed at $36, reflecting strong investor interest [1] - The company has raised a total of $1.15 billion from institutional investors, including Fidelity and Qatar Investment Authority, and notable investors like Amazon and General Electric [2] - Beta Technologies filed for its IPO during a government shutdown, utilizing new SEC guidance that allows companies to proceed without staff review, a move that has been adopted by other firms as well [3][4] Company Overview - Founded in 2017 by Kyle Clark, Beta Technologies is focused on developing electric aviation solutions, taking a non-traditional route by avoiding Silicon Valley and venture capital [2] - The company has designed two electric aircraft: the Alia CX300 eCTOL for regional flights and the Alia A250 eVTOL for urban environments, and has also established an EV aircraft charging business [8] Financial Performance - Beta Technologies reported revenue of $15.6 million in the first half of 2025, which is double the revenue from the same period in 2024, although it is still not profitable with net losses increasing to $183 million [9]