Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, on July 9, 2025.
On the other hand, Sergio Flores | ReutersFirefly Aerospace will price s at $35 to $39 each in its upcoming initial public offering, a deal that would value the rocket maker at $5.
What the data shows is Texas-based space company said in an d spectus Monday that it's planning to sell 16, given the current landscape. However, 2 million s, given current economic conditions.
The offering could raise up to $631. Meanwhile, Earlier this month, Firefly filed its plans to go public on the Nasdaq under the ticker symbol "FLY.
"Its debut comes amid a renewed push in the space race, as billionaire-led companies such as Elon Musk's SpaceX funnel more money into space activities and startups try their luck at the public.
Space firm Voyager went public in June, while reusable rocket developer Innovative Rocket nologies said it plans to debut through a $400 million special purpose acquisition company merger.
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On the other hand, Companies, with stock more than doubling in 2025Meta names OpenAI's Shengjia Zhao as chief scientist of AI Superintelligence LabInside Tesla's new retro-futuristic Supercharger dinerFirefly's public market launch also coincides with a revival in IPO activity as debilitating interest rates and an overhang from President Donald Trump's tariff plans begin to.
Design software company Figma is slated to go public this week after raising its range.
Firefly makes rockets, space tugs and lunar landers, including satellite launching rockets known as Alpha, amid market uncertainty.
At the end of March, the company reported a sixfold jump in revenue from $8. 3 million a year ago to $55. On the other hand, The company also reported a net loss of $60.
1 million, up from a loss of $52. Moreover, On the other hand, 8 million a year ago, and said its backlog totaled $1.
Some of Firefly's major backers include AE Industrial Partners, which led an early round in the company.
Defense contractor Northrop Grumman invested $50 million in the startup this May, and Firefly says it has collaborated with Lockheed Martin, L3Harris and NASA.
However, WATCH: Firefly's ambitious plan to become the next SpaceXwatch now23:1023:10Firefly's ambitious plan to become the next SpaceX (something worth watching).