Firefly Aerospace Pre-Market Gains 11% After SpaceX IPO Filing and Starship Test
FLY•Firefly Aerospace shares jumped 11% in pre-market trading after SpaceX filed for its IPO and conducted its 12th Starship flight test. The move extended a broader rally led by Redwire’s 15% surge and double-digit gains from MDA Space and Intuitive Machines in Tuesday’s early session.
1. Premarket Surge
Firefly Aerospace shares rose 11% in pre-market trading on Tuesday, propelled by SpaceX’s official IPO filing and the company’s successful 12th Starship flight test on Friday. Investors responded to the prospect of SpaceX’s market debut, boosting confidence across related launch services firms.
2. Sector-Wide Rally
Redwire led the sector with a 15% gain ahead of the opening bell, while MDA Space jumped 13% and Intuitive Machines climbed 8.6%. Other notable movers included AST SpaceMobile (+6.4%), York Space Systems and Voyager Technologies (+7.5% each), plus Satellogic (+5.2%) and EchoStar (+4.2%).
