BiyaPay analyst: Firefly will be listed on Nasdaq, one of the most powerful commercial aerospace companies besides SpaceX

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On August 6, the US commercial aerospace enterprise Firefly Aerospace Inc. (US stock code: FLY) will officially list on Nasdaq on August 7, hailed as the most noteworthy tech unicorn IPO after Circle and Figma.

BiyaPay analysts point out that since its establishment in 2017, Firefly has built a complete "space logistics chain" around small rocket launches, orbital transfer platform Elytra, lunar lander Blue Ghost, and reusable rocket Eclipse. In March this year, its independently developed Blue Ghost successfully completed a NASA lunar mission, making Firefly the first private US company to achieve a commercial lunar landing, with customers including NASA, the Department of Defense, Lockheed Martin, and current orders exceeding $1.1 billion.

Although currently not profitable, Firefly's IPO valuation has reached $5.6 billion, thanks to its advantages in government orders, high-end delivery capabilities, and a complete "space logistics chain", with the market generally viewing it as one of the most promising space enterprises after SpaceX.

Against the backdrop of continuous expansion in the US stock market and the hard technology track's popularity, BiyaPay provides users with USDT real-time trading of US and Hong Kong stocks, allowing convenient allocation of potential stocks like Firefly without opening an offshore account. At the same time, the platform supports exchange of 200+ cryptocurrencies, with spot and contract orders at "zero commission fees", helping users layout global assets in one stop and seize every growth opportunity.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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