Space and satellite-related stocks soared Tuesday as investor enthusiasm around the industry intensified.
Firefly Aerospace signage during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Shares in Firefly Aerospace will start trading on Thursday in New York, marking the next evolution for a company that survived bankruptcy and turmoil to develop its own fleet of rockets and successfully land a private spacecraft on the moon.