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Firefly Aerospace prices shares at $45, above the expected range
CNBCยท 2025-08-06 21:55
Company Overview - Firefly Aerospace priced its IPO shares at $45, exceeding the expected range [1] - The IPO raised $868 million, valuing the company at approximately $6.3 billion [1] Industry Context - The space technology sector has experienced increased investor interest, driven by investments from billionaires like Elon Musk and Jeff Bezos in companies such as SpaceX and Blue Origin [2] - Other space technology companies, including Voyager Technology and Karman Holdings, have also gone public this year [2] IPO Market Trends - The broader IPO landscape has seen significant public debuts this year, including companies like Figma, CoreWeave, and Circle, indicating a reopening of the market for public offerings after a prolonged period of inactivity [3]