AUSTIN (KXAN) -- Austin area aerospace company Firefly rang in its Nasdaq debut Thursday morning, its official mark of going public.

Firefly Aerospace CEO Jason Kim rang the Opening Bell at the Nasdaq MarketSite in Times Square during a ceremony, symbolizing the company's transition from private to public as it began trading under the ticker symbol "FLY."

"Firefly was founded with the bold vision of making space for everyone," Kim said. "Today, we mark a historic milestone toward reaching that bold vision as we go public."

CNBC reported that Firefly Aerospace jumped more than 50% in its Nasdaq debut on Thursday after pricing shares above its expected range.

The Austin Business Journal reported earlier this week that the company had already increased the share pricing for its initial pu

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