This GE, Amazon-backed electric-plane maker sees strong demand for its IPO
1. Beta Technologies' IPO raised $1 billion amid strong investor demand. 2. Shares priced at $34 each, exceeding the expected range of $27-$33. 3. Historical IPO performance in the eVTOL sector shows potential volatility. 4. Beta has a backlog of orders but no revenue reported yet. 5. Strong backing from GE Aerospace and Amazon underpins investor confidence.