Firefly Aerospace: Future Looks More Certain Than Before
2026-04-24 13:34:54 ET
Introduction
Firefly Aerospace Inc. ( FLY ) is an interesting space company, which I have covered twice since its IPO, but both times I didn’t feel as though I myself wanted to start a position. On the IPO itself, the stock has been majorly overvalued , with a premium driven purely by momentum and sentiment, and later on, I wanted to see a more stable execution, breaking down the stock right after an explosion of Firefly’s first-stage booster for Alpha Flight 7 back in October. As a result of the unfortunate news and still elevated valuation multiples, I decided not to add the stock to my watchlist....
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Firefly Aerospace: Future Looks More Certain Than Before
NASDAQ: FLY
FLY Trading
18.78% G/L:
$45.6364 Last:
4,030,399 Volume:
$43.31 Open:
