Rocket maker Firefly Aerospace opens at $70 in Nasdaq debut
CEDAR PARK, TEXAS, AUG 7 – Firefly Aerospace raised $868 million in its Nasdaq IPO after the Blue Ghost lunar lander became the second private company to land on the moon, securing $1.1 billion in contracts.
- Following its IPO, Texas-based rocket manufacturer Firefly Aerospace began trading Thursday on Nasdaq, using the symbol FLY.
- The IPO follows Firefly’s amended S-1 filing on July 28, detailing plans to sell 16.2 million shares priced between $41 and $43 to raise up to $696.6 million.
- Firefly gained attention earlier this year by successfully landing its Blue Ghost lunar lander upright on the moon on March 2, 2025, and holds about $1.1 billion in backlog contracts.
- CEO Jason Kim said "all the planets are aligned" for the IPO timing, while analyst Andrew Chanin noted investors’ appetite for IPOs and Firefly's diversified focus beyond the moon.
- The capital raised is intended to expand production and fund upcoming missions, including three more lunar landings and the debut of the Elytra space tug for in-space services.
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28 Articles
Moon-exploration company Firefly’s stock skyrockets as investors pile into the latest space IPO
Trading on the Nasdaq, Firefly’s stock ended Thursday’s session 34% above its IPO price. Article Attribution | Read More at Article Source The post Moon-exploration company Firefly’s stock skyrockets as investors pile into the latest space IPO appeared first on RocketNews.
Space Stock Tracker: Firefly's IPO Lights Up Wall Street And Earnings Reports Roll In - Firefly Aerospace (NASDAQ:FLY)
Several space-focused companies reported earnings this week and a new company burst into the market with a blockbuster IPO. Here’s a look at recent highlights and earnings reports in the space stock sector. Firefly's IPO – FLY Firefly Aerospace, Inc. (NASDAQ:FLY) completed its upsized IPO on Thursday, raising $868 million by selling 19.3 million shares at $45 each. The stock opened at $70 per share and was trading at $62.41 at the time of pub…
Austin's Firefly Aerospace rings Nasdaq opening bell, marking official IPO launch
AUSTIN (KXAN) -- Austin area aerospace company Firefly rang in its Nasdaq debut Thursday morning, its official mark of going public. Firefly Aerospace CEO Jason Kim rang the Opening Bell at the Nasdaq MarketSite in Times Square during a ceremony, symbolizing the company's transition from private to public as it began trading under the ticker symbol "FLY." Firefly Aerospace sees boost following new investment "Firefly was founded with the b…
Firefly Aerospace hits $9.8 billion valuation in Nasdaq debut as shares takeoff
Firefly Aerospace secured a valuation of $9.84 billion after its shares surged 55.6% in their Nasdaq debut on Thursday, as investors continue to pour capital into companies aiding expansion of the U.S. space and defense program.
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