Firefly’s CEO Jason Kim reacts during the company's IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025. REUTERS/Jeenah Moon
(New York, New York) – SpaceX is the space company everyone wants to own. The problem is, regular investors still cannot buy it.
That is why Firefly Aerospace (FLY) is getting more attention. It gives the market a public way to bet on rockets, satellites, government contracts, and the growing space economy without waiting for Elon Musk to launch a SpaceX IPO.
Firefly is not SpaceX. It is smaller, riskier, and still has to prove it can turn momentum into profits. But that is also what makes it interesting. Investors looking for space exposure may see Firefly as a more accessible early-stage bet.
The risk is obvious: space is expensive, delays are common, and hype can run ahead of results. But with SpaceX expected to dominate headlines if it goes public, companies like Firefly could benefit from renewed attention across the entire sector.
For the 77 WABC Business Center, the takeaway is simple: SpaceX may be the prize, but Firefly is the space stock traders can actually touch today.
