Electric aircraft are increasingly entering the public eye—and public markets.
On Monday, Kyle Clark, the founder and CEO of Vermont-based Beta Technologies, rang the opening bell of the New York Stock Exchange to celebrate the company’s initial public offering (IPO) and fresh $7.4 billion valuation. The firm is targeting regional cargo and passenger routes with its all-electric Alia conventional takeoff and landing (CTOL) and vertical takeoff and landing (VTOL) aircraft.
