By Kelly Cloonan
Amazon disclosed a 5.3% stake in Beta Technologies, an electric aerospace company.
Amazon.com NV Investment Holdings, a subsidiary of Amazon, owns about 11.8 million shares in Beta, according to a Tuesday filing with the Securities and Exchange Commission.
Beta designs, manufactures and sells electric aircraft, electric propulsion systems, components and charging systems. The Vermont-based company went public last year.
Shares of Beta climbed 20%, to $20.12, in after-hours trading. Through market close, shares have slid 51% in the past three months.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
February 10, 2026 17:18 ET (22:18 GMT)
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