Despite 'Fraud Investigation' Setbacks, Electric Aircraft Stocks Gained 500 Billion in a Day

BETA Technologies Inc. (NYSE: BETA) closed trading on April 6 at $16.75, up 8.55%. Its market capitalization swelled to roughly $3.7 billion (about KRW 5 trillion), gaining approximately $346 million (around KRW 470 billion) in a single day, while trading volume topped 1.33 million shares.

Earlier this month, U.S.-based Schall Law Firm issued a press release inviting BETA Technologies investors to join an investigation and class action over potential securities law violations related to alleged false disclosures, highlighting the risk of litigation. Nevertheless, the company has continued to report positive developments on the business front. It was selected to participate in the U.S. Department of Transportation and FAA’s integrated eVTOL pilot program and announced a strategic partnership with Surf Air Mobility to launch commercial electric passenger air services.

Headquartered in South Burlington, Vermont, BETA Technologies is an electric aircraft startup that develops and sells its ALIA series aircraft and charging infrastructure. At its November 2025 NYSE listing, the company raised over $1 billion and secured a backlog of more than 600 aircraft valued at about $3.4 billion. In 2025, revenue more than doubled year-over-year to approximately $35.6 million, but the company reported a net loss of around $960 million, reflecting the classic growth-stock dynamic of rapid expansion alongside significant deficits.