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Benzinga
Benzinga
Business
Paula Tudoran

Goldman Sachs, Morgan Stanley To Lead Amazon-Backed Beta Technologies $300M GE Deal And IPO As Military-Trained Electric Aircraft Firm Expands

Defense, military shutterstock_1521940730

Beta Technologies, an electric aircraft manufacturer backed by Amazon (NASDAQ:AMZN), on Monday filed for an initial public offering in the U.S. at a moment when Wall Street’s appetite for growth stories has rarely been stronger.

The filing arrives during what analysts describe as one of the most favorable periods for public listings in years, according to Reuters. Easing trade tensions, robust stock markets, and pent-up investor demand have combined to create a window where technology, aerospace, and green energy firms are rushing to market.

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