A commercial spaceflight company that specializes in small- to medium-lift launch vehicles is hoping to have a giant-sized first day of trading today.
Firefly Aerospace is expected to debut on the Nasdaq today as the company’s initial public offering gains liftoff. Here’s what you need to know about Firefly Aerospace’s IPO and how the feud between the CEO of its competitor, SpaceX, and the president of the United States could give it an advantage.
What is Firefly Aerospace?
Firefly Aerospace Inc. is a space and defense technology company. Located in Cedar Park, Texas, it specializes in space launch and landing capabilities. In other words, the company helps get satellites and other vehicles into space.
Founded in 2017, Firefly specializes in small- to medium-lift launch vehicles, as we