Firefly Aerospace Sets IPO Pricing and Nasdaq Listing, Aims to Raise $631.8 Million

Firefly Aerospace has announced its target pricing for its proposed IPO, with 16.2 million shares priced between $35 and $39 per share, aiming to raise up to $631.8 million. The company plans to list its stock on the Nasdaq exchange under the ticker symbol "FLY". Firefly Aerospace is a private company focusing on building small- to medium-lift launch vehicles, lunar landers, and orbital vehicles, and its IPO comes after a successful moon landing through a partnership with NASA.

Firefly Aerospace has announced its target pricing for its proposed initial public offering (IPO), with 16.2 million shares priced between $35 and $39 per share. The company aims to raise up to $631.8 million through this offering [1]. The IPO will list the stock on the Nasdaq exchange under the ticker symbol "FLY" [2].

Firefly Aerospace is a private company focusing on building small- to medium-lift launch vehicles, lunar landers, and orbital vehicles. Its IPO comes after a successful moon landing through a partnership with NASA [3]. The company's recent achievements, including the Blue Ghost Lunar Lander Mission 1, have positioned it as a significant player in the space race [4].

The company's IPO coincides with a resurgence in deal activity and a renewed push in the space race, with other tech-focused listings drawing renewed investor interest [2]. Firefly's public market launch is also part of a broader revival in IPO activity as debilitating interest rates and an overhang from President Donald Trump's tariff plans begin to clear [1].

Firefly has not yet announced an expected date for the listing but has launched its roadshow [2]. The company plans to use the net proceeds from the IPO to repay outstanding borrowings under its credit agreement, pay any accrued and unpaid dividends on certain series of its preferred stock, and for general corporate purposes [4].

References:
[1] https://www.cnbc.com/2025/07/28/firefly-aerospace-ipo-space.html
[2] https://www.fastcompany.com/91375640/firefly-aerospace-ipo-date-stock-listing-nears-target-share-price
[3] https://finance.yahoo.com/m/ae61e6d3-7db4-3321-a662-47118f884a41/firefly-is-looking-to-parlay.html
[4] https://fireflyspace.com/news/firefly-aerospace-announces-launch-of-initial-public-offering/