Firefly Aerospace shares jump in IPO
Posted: Sat, Aug 9, 2025, 11:12 AM ET (1512 GMT)
Shares in Firefly Aerospace jumped 34% in the company’s debut on the Nasdaq Thursday. Firefly shares closed at $60.34 and traded as high as $73.80 during the day. The company sold nearly 19.3 million shares at $45 each in the IPO, generating net proceeds of $868.5 million. The company plans to use the proceeds to pay down debt and for other corporate purposes. Firefly’s IPO comes two months after Voyager Technologies went public, but industry observers say there are limited opportunities for other space companies to go public in the near term.
Shares in Firefly Aerospace jumped 34% in the company’s debut on the Nasdaq Thursday. Firefly shares closed at $60.34 and traded as high as $73.80 during the day. The company sold nearly 19.3 million shares at $45 each in the IPO, generating net proceeds of $868.5 million. The company plans to use the proceeds to pay down debt and for other corporate purposes. Firefly’s IPO comes two months after Voyager Technologies went public, but industry observers say there are limited opportunities for other space companies to go public in the near term.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Saturday, September 12
ISRO’s ‘privatisation’ move: What India’s space policy says
Indian Express — 2:50 am ET (0650 GMT) After €387 million raise, The Exploration Company wins ESA’s “ALADDIN” cargo capsule contract worth €760 million
EU-Startups — 2:48 am ET (0648 GMT) French ESA astronaut Thomas Pesquet: Europe must 'maximise scientific return' from ISS before closure
EuroNews — 2:47 am ET (0647 GMT) Finland Urges Musk To Allow Starlink Use Against Russia
Aviation Week — 2:45 am ET (0645 GMT) Florida makes case to host new US Space Academy
WESH-TV Orlando — 2:43 am ET (0643 GMT) |
