Firefly Aerospace Aims for $5.5 Billion Valuation in IPO as the US Space Race Intensifies
Firefly Aerospace, a space technology company with Northrop Grumman’s support, plans a major IPO soon. It targets a $5.5 billion valuation, selling 16.2 million shares at $35 to $39 each to raise up to $631.8 million. This step comes as the stock market in the US rebounds in 2025, marking a big moment in the space race.
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