Firefly Aerospace IPO Could Be One of the Year's Biggest, But Is It Overvalued?

On Aug. 6, Firefly Aerospace (NASDAQ: FLY) had its initial public offering (IPO) at $45 per share. As of this writing, Firefly stock is already over $50 per share, as investors are eager to get their hands on shares of the first fully successful private company to land on the moon.At its current share price, Firefly Aerospace is valued at roughly $7.4 billion. This puts the space stock into the top 10 most valuable IPO stocks of 2025. But is it already overvalued here at the start? The answer may not be as cut-and-dried as investors hope.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool