Tuesday, 5 August, 2025
Firefly Aerospace Targets $696.6M U.S. IPO, Valuation Could Top $6 Billion
Firefly Aerospace, the Cedar Park, Texas–based space and defense firm recognized for its Blue Ghost lunar landing, has increased its IPO price range to $41–$43 per share, aiming to raise up to $696.6 million on Nasdaq under the ticker FLY. The valuation could reach $6.04 billion, significantly higher than its $2 billion Series D in 2024. The company says investor demand and strong revenue momentum drove the pricing expansion.
Read full story at Economic Times