Group 1 - Starfighters Space operates the world's only commercial supersonic aircraft fleet and is based at NASA's Kennedy Space Center [4] - The company completed its IPO, raising $40 million, with shares trading under the ticker symbol FJET [2][6] - Following the IPO, the stock experienced significant volatility, with a peak increase of 371% on Monday, followed by a 55% drop on Tuesday [2][3] Group 2 - The company owns seven Lockheed F-104 Starfighters adapted for space missions and is developing a StarLaunch program for satellite deployment [4] - Starfighters Space also provides pilot and astronaut training, in-flight testing services, and solutions for defense and private sectors, with notable customers including Lockheed Martin and the U.S. Air Force Research Laboratory [5] - At the time of reporting, the market capitalization of Starfighters Space was approximately $395 million [6] Group 3 - The CEO of Starfighters Space highlighted the growing investor interest in aerospace companies that align with national security and advanced testing requirements [7]
This supersonic stock is making headlines after a wild IPO. Here’s why