Firefly Aerospace Raises IPO Valuation to $6 Billion in US Listing
Firefly Aerospace, a space technology startup, has increased its proposed price range for the U.S. initial public offering, aiming for a valuation of up to $6.04 billion. The company plans to raise $696.6 million in the IPO, with a share price range of $41 to $43. This move reflects investors' interest in space-related companies amidst a surge in space investments. The IPO is supported by major underwriters like Goldman Sachs, J.P. Morgan, Jefferies, and Wells Fargo Securities.