Firefly Aerospace lifts IPO field that will price corporate at over $6 billion

Firefly Aerospace has lifted the proportion value field for its then preliminary folk providing in a exit that will price the dimension generation corporate at over $6 billion.

The lunar lander and rocket maker stated in a filing Monday that it expects to value stocks in its then IPO between $41 and $43 apiece.

Firefly’s unutilized goal field would carry just about $697 million on the manage finish of the field. That’s up from the in the past anticipated $35 to $39 value in keeping with percentage that Firefly introduced in a filing latter generation, which focused a $5.5 billion valuation.

Firefly introduced plans to exit folk latter generation as pastime in dimension generation positive aspects steam, and billionaire-led corporations reminiscent of Elon Musk’s SpaceX rake in additional investment.