The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park.
Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty Photographs
Firefly Aerospace priced shares in its IPO at $45 on Wednesday, above its anticipated vary.
The Texas-based rocket maker will debut on the Nasdaq Thursday below the ticker image “FLY.” The providing raised $868 million and values the corporate at about $6.3 billion.
Firefly filed its preliminary prospectus in July and upped its IPO vary this week to $41 to $43 a share, from an preliminary vary of $35 to $39.
The area expertise sector has seen rising investor curiosity over the previous few years as billionaire buyers comparable to Elon Musk and Jeff Bezos put their cash behind SpaceX and Blue Origin, respectively.
To this point this yr, area expertise firms Voyager Expertise and Karman Holdings have gone public.
The broader IPO panorama has additionally seen main public debuts this yr from Figma, CoreWeave and Circle as the marketplace for public choices reopens following a chronic drought.
