Firefly Aerospace, the first private company to successfully land upright on the moon , is set to make another high-stakes foray — this time into the stock market.
Firefly’s stock will begin trading on the Nasdaq Thursday morning under the ticker symbol “FLY.”
Founded in 2017 by ex-SpaceX engineer Tom Markusic, the company reached a valuation of more than $6 billion in its initial public offering — triple what it achieved as a privately held company, according to financial documents and estimates from startup data aggregator Pitchbook.
Firefly raised more than $868 million, with shares priced at $45 a piece, according to a news release . Much of those funds could be used to fuel the company’s ambitious next steps, which include plans to land the first US spacecraft on the far si