Firefly Aerospace Stock Surges As SpaceX Plans IPO Reveal

Firefly Aerospace stock is showing exceptional strength. What’s driving FLY stock higher?SpaceX IPO Buzz Lifts SectorAccording to The Information, SpaceX is aiming to submit its IPO prospectus to regulators as early as this week or next, Reuters cited. Advisers involved in the process reportedly believe the company could seek a valuation above $75 billion, which would make it one of the largest IPOs ever.The report also noted that individual investors could receive more than 20% of the allocation, though th ...