Charged up about its ability to offer electric-powered flight, Beta Technologies is developing battery-powered aircraft as well as a high-powered fast charging network for electric aircraft, leading growth investors to consider positions in Beta Technologies stock.
From its founding in 2017 through 2025, Beta Technologies has logged a variety of successes on its path to providing passenger transportation. Its two electric aircraft configurations are capable of both vertical takeoff and landing, as well as conventional takeoff and landing. In April 2025, Beta Technologies completed a cross-country trek that took place over six weeks and spanned 22 states.
The company has drawn attention from potential customers as well. In 2021, for example, United Parcel Service (UPS -0.89%) placed an initial order for 10 of Beta's electric vertical takeoff and landing (eVTOL) aircraft with an option to purchase an additional 150. The company's charging network is also in demand from leading eVTOL makers such as Archer Aviation (ACHR -3.26%), which announced in 2023 that it had purchased several units of Beta's multimodal fast-charging system.
There are a variety of things to consider with respect to investing in Beta, so let's take a closer look at issues related to the company, such as if it's publicly traded, whether it generates a profit, and whether there are alternative investment options.
Is it publicly traded?
Is Beta Technologies publicly traded?
As of mid-2025, Beta was a privately held company, leaving most retail investors interested in the stock out of luck. The company has, on the other hand, received private funding from a variety of other sources. In 2024, for example, Beta completed a Series C round of funding that raised $318 million from several investors, including its longtime customer United Therapeutics (UTHR 0.26%).
When will it IPO?
When will Beta Technologies IPO?
Because initial public offering (IPO) stocks offer unique investment opportunities that represent the potential for considerable returns, growth investors often pay close attention to companies that indicate their interest in debuting on public markets. While Beta hasn't made it clear whether they plan on flying towards an IPO, there are numerous other companies planning IPOs in the coming months that growth investors will want to monitor closely.
IPO
How to invest
How to buy Beta Technologies stock?
While the majority of investors interested in acquiring Beta stock are out of luck, it's possible that accredited investors will be able to pick up shares prior to the stock's appearance on public markets via an IPO. Platforms like Forge Global (FRGE -0.94%) permit accredited investors to invest in privately held companies like Beta.
For those who don't qualify as accredited investors, there are other eVTOL companies to explore.
1. Archer Aviation
Archer Aviation is taking a two-pronged approach to the burgeoning eVTOL market. On one hand, the company plans on operating its own urban air mobility network in certain metropolitan markets. The company has made steady progress towards launching this air taxi service around New York, San Francisco, and Los Angeles airports. Archer also plans to sell its eVTOL aircraft, Midnight, directly to third parties. Recognizing success in this endeavor, Archer inked an agreement with United Airlines (UAL -0.72%) for an initial order of $1 billion for Archer’s aircraft with an option to buy an additional $500 million of aircraft.
At the end of the first quarter of 2025, Archer had cash and cash equivalents totaling more than $1 billion and only $64.1 million in total debt, illustrating how the company is well positioned as it continues on its flight towards launching commercial operations.
2. Joby Aviation
Another company working to bring eVTOL flight to the masses is Joby Aviation (JOBY -0.46%). In the first quarter of 2025, Joby achieved a notable milestone, becoming, what it characterized itself as, "the first company to routinely perform inhabited testing of an electric air taxi from hover to wingborne flight."
Like Archer, Joby plans on launching air taxi operations in the New York and Los Angeles metropolitan areas, partnering with Delta Air Lines (DAL -2.16%). In 2022, Delta announced an initial investment of $60 million in Joby with the potential for an additional $200 million if certain milestones are reached.
Like Archer, Joby is operating from a position of financial strength. At the end of Q1 2025, Joby had a net cash position of $781 million.
3. Vertical Aerospace
While Archer and Joby are both headquartered in California, Vertical Aerospace (EVTL -5.71%) is a U.K.-based designer of eVTOL aircraft. Vertical distinguishes itself from Archer and Joby with a hybrid configuration (electric and fuel power) that is suitable for defense and cargo applications. With a potential range in excess of 1,000 miles, the hybrid eVTOL is expected to begin in 2026.
Another point of contrast between Vertical and other eVTOL makers is that the company plans on having two distinct revenue streams. In addition to sales of its aircraft, Vertical expects to generate revenue from its proprietary battery technology. The company expects aircraft sales and battery sales to each account for 50% of its overall revenue.
Already, Vertical has memoranda of understanding in place for about 1,500 aircraft with 12 customers worldwide.
Those who don't qualify as accredited investors but who have an interest in buying shares of one of these companies only have to take a few simple steps to become shareholders:
- Open your brokerage app: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Profitability
Is Beta Technologies profitable?
Because it hasn't proceeded with an IPO, Beta isn't required to file regulatory financial statements, like 10-Qs and annual reports -- filings that would provide investors with sufficient insight into the company's financial health. Consequently, investors have a scant understanding of the company's financial situation, including whether it's profitable or not.
Should I invest?
Should I invest in Beta Technologies?
Those who don't qualify as accredited investors are unable to acquire a position in Beta. If the company has an IPO, it will submit regulatory filings, which provide investors with insights into its financial well-being. Investors will then be better able to determine if an investment in the company is a good idea.
Whether you're weighing an investment in Beta or another eVTOL stock, make sure you're clear about the potential rewards and risks. On one hand, investing in the burgeoning industry can help diversify your portfolio, as well as offer the potential for high returns since the eVTOL industry is still in its nascent phase of development.
Conversely, since the industry is relatively new, investors are exposing themselves to a higher degree of risk. Besides experiencing volatility, there's the risk of investors' investments nosediving if the industry takes longer to grow than they had previously expected.
ETF options
ETFs with exposure to Beta Technologies
Because it hasn't held an IPO, investors can't gain exposure to Beta stock through an exchange-traded fund (ETF). However, there are other ETF options for investors to consider, such as those that provide weighted exposure to aerospace stocks.
- SPDR S&P Aerospace & Defense ETF (XAR -0.67%): Those seeking a conservative approach to aerospace and defense industry exposure will find the SPDR S&P Aerospace & Defense ETF a great choice. With $3.6 billion in assets under management, the fund's 39 holdings provide exposure to various niches of the aerospace industry. Space stock Rocket Lab (RKLB -2.13%) and drone manufacturer AeroVironment (AVAV -0.59%) are the two largest positions, while aerospace stalwart Boeing (BA -0.92%) is also found among the top 10 largest positions. The ETF has a gross expense ratio of 0.35%.
- U.S. Global Jets ETF (JETS -4.42%): Investors interested in concentrated exposure to airline stocks will want to consider piloting the U.S. Global Jets ETF into their portfolio. While it includes the world's leading airlines in the fund, it also provides indirect exposure to Archer and Joby due to the inclusion of United Airlines (a 0.9% weighting) and Delta Air Lines (an 11.3% weighting). The U.S. Global Jets ETF has $924 million in net assets and an expense ratio of 0.60%.
Related investing topics
The bottom line on Beta Technologies
According to Grand View Research, the global eVTOL market was valued at $1.4 billion in 2023, and it's expected to rise at a 55% compound annual growth rate to $28.6 billion in 2030, so it's not surprising that investors are paying close attention to aerospace companies like Beta.
At this time, however, only accredited investors have the ability to soar into the wild blue yonder with Beta. While that may change if the company proceeds with an IPO, investors have an opportunity in the meantime to pick up shares of an aerospace ETF or to click the "buy" button on similar businesses like Archer, Joby, and Vertical Aerospace.
FAQ
Investing in Beta Technologies FAQ
How can I buy pre-IPO stock?
Accredited investors may have the opportunity to invest in pre-IPO companies through platforms like Forge Global.
Can I invest in Beta Technologies?
While those who qualify as accredited investors may be able to gain exposure to Beta Technologies through platforms like Forge Global, those who don't qualify are unable to buy shares of Beta Technologies since it hasn't held an IPO.
Who are the investors in Beta Technologies?
There are a variety of investors in Beta, including the Qatar Investment Authority, United Therapeutics, and Fidelity Management & Research Company,
Is Beta Technologies a public company?
As of mid-2025, Beta Technologies was still a privately held company.
