On 15 Oct. 2025 BETA Technologies updated its S1-A filing for IPO with share issuance number and target price. With 25 million shares issued with a price range of $27 to $33, its IPO valuation reached $7.2 billions which is tripled from its $2.4 billion valuation in 2022, putting it at about half of Joby’s market cap and about on par with Archer’s market cap.

Beta’s high IPO valuation is especially interesting when considering Beta is focusing on the electric conventional takeoff and landing (eCTOL) CX300 instead of the eVTOL model in the near future, which would make it the first eCTOL company going IPO and will likely be the only listed eCTOL project in some time.

CX300 eCTOL has been showing off some significant demo flights recently including the flight to Paris Show and then across Europe to Norway for test flight.

For the full S1-A filing of Beta:

https://www.sec.gov/Archives/edgar/data/1784570/000119312525240285/d89594ds1a.htm