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Firefly Aerospace sets IPO range that would value rocket maker at $5.5 billion
CNBCยท2025-07-28 18:01

Company Overview - Firefly Aerospace plans to price its shares between $35 to $39 in its upcoming initial public offering (IPO), which would value the company at approximately $5.5 billion [1] - The company intends to sell around 16.2 million shares, potentially raising up to $631.8 million from the offering [1] Industry Context - The IPO is taking place amid a renewed interest in the space industry, with significant investments from billionaire-led companies like Elon Musk's SpaceX [2] - Other space tech firms, such as Voyager, have recently gone public, and Innovative Rocket Technologies is planning to debut through a $400 million special purpose acquisition company merger [2]