Moon Landing & Money Moves: Firefly Aerospace Goes Full Send on Nasdaq!
-
Hey space nerds and stonk junkies, buckle up β Firefly Aerospace is officially shooting for the stars... on Wall Street!The Texas-based rocket gang behind the Blue Ghost lunar lander (yes, the one that touched down on the freakinβ Moon in March 2025 like a champ) just filed for an IPO on Nasdaq. Ticker: FLY β because of course. πΈ
Hereβs the cosmic scoop:
IPO details are still in stealth mode β no word yet on price, date, or how many shares. But big-name underwriters like Goldman Sachs, JPMorgan, Jefferies, and Wells Fargo are backing the launch. Talk about a mission crew!
Not all moonlight and roses, though: Firefly is currently flying through some financial turbulence:
π¨ Net loss in 2024: $231M (vs. $135.5M in 2023) π Revenue: $60.8M (+10% YoY) π§Ύ Debt: Over $173M, which they hope to ease with IPO funds π§ Order backlog: $1.1B worth of launch & lunar tech contracts as of March 2025 β double last yearβs count!
οΈ Fun Fact: The Blue Ghost landing was the first fully successful private lunar landing, partly bankrolled by NASA. Meanwhile, Intuitive Machinesβ lander Odysseus kinda faceplanted in a crater after its touchdown. RIP.
So yeah, Fireflyβs not just lighting up launchpads β they're bringing Moon fuel to the markets.
[Pic from Blue Ghostβs camera β because even robots take selfies now. Source: Reuters]
Who's hyped for space stonks?
#FireflyAerospace #MoonLanding #IPO #StonksInSpace #FLYToTheMoon