Starfighters Space Shares Climb on $17.5 Equity Investment

Dow Jones05-22 21:49

By Connor Hart

Shares of Starfighters Space climbed after the company disclosed a $17.5 million strategic equity investment, led by global institutional investors.

The stock was up 7.8%, to $5.55, shortly after Friday's opening bell. Shares had their public debut in December, raising $40 million at a price of $3.59 per share.

The aerospace company--which says it owns and operates the world's largest commercial supersonic aircraft fleet--said before the bell that it will use the new capital to support operational expansion, develop infrastructure and continue advancing its Starlaunch platform.

"This financing represents a strong endorsement of our platform and long-term strategy," Chief Executive Tim Franta said, helping mature the company from operational capability development toward scaled commercial execution across multiple space-access markets.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

May 22, 2026 09:49 ET (13:49 GMT)

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