Firefly lifts IPO range that would value company at more than $6 billion
Jason Kim, CEO of Firefly Aviation, sits on 9 July 2025 for an interview at the Firefly Aviation Mission Operation Center in Texas, Texas.
Sergio Flores | Reuters
Firefly Aerospace has removed the stock price range for the first public offering about a movement that will value the space technology company more than $ 6 billion.
Lunar Lander and Rocket Maker filing On Monday, the upcoming public offering expects to be priced between $ 41 and $ 43.
Firefly’s new target range will increase approximately 697 million dollars at the top end of the range. This is between the price of $ 35 to $ 39, which was previously expected before the share of Firefly filing Last week, it aimed at a valuation of 5.5 billion dollars.
As Firefly won the vapor interest in space technology, it plans to open up to the public last month and that Elon Musk’s billionaire -led companies such as SpaceX have provided more funds.
Industry also started to test public markets after a long break in the public offering agreement activity, space technology company Mobile Exit in June.
Firefly makes rockets, space tugboats and moon descents and is known for its satellite launch rockets known as Alpha.
He established a partnership with great defense players like the company. Lockheed Martin– L3 And received an investment of $ 50 million from NASA and the defense contractor Northrop GRUMMAN.
The company said Firefly’s revenues rose from $ 8.3 million to $ 55.9 million at the end of March. The net loss rose from $ 52.8 million to 60.1 million dollars a year ago.
