Boeing has raised $21 billion in a new public stock offering as the aircraft maker seeks to recover from a torrid year and crippling strikes.

On October 28, 2024, Boeing announced its intention to use the capital raised for debt repayment, working capital improvement, capital expenditures and investments in its subsidiaries.

Boeing initially said it would offer 90 million shares of common stock and $5 billion in depositary shares, but hours later it revised that amount to 112 million shares.