WhiteFiber priced its IPO at $17, the high end of its range, and raised the size of its stock sale. But the stock ended the day down more than 4.5%. The healthy debut for Firefly

Firefly Aerospace will begin trading on the Nasdaq on Thursday after raising $868.3 million in the largest U.S. listing this year by a space tech company. Firefly — which became the second private enterprise to achieve a lunar landing five months ago — priced the IPO at $45 per share,

After several big IPOs including Figma last week, the IPO market stayed hot with Firefly Aerospace, which is now approaching a $10 billion valuation out of the gate. I would categorize space as one of the hot sectors, along with artificial intelligence, crypto, and quantum computing, that investors can't seem to get enough of.