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Starfighters Space Rockets Over 250% in Space Sector Rally After Fresh IPO

MarketDash Editorial Team
21 hours ago
Starfighters Space shares are having quite the debut week, surging more than 250% on massive volume as the space sector catches fire with major contracts and IPO speculation driving investor enthusiasm.

If you thought IPO debuts were supposed to be measured affairs, Starfighters Space (FJET) didn't get the memo. The stock has absolutely exploded since going public last Thursday, jumping more than 250% on Monday alone as investors pile into anything space-related.

The Setup

Starfighters priced its IPO at $3.59, raising $40 million to fund its hypersonic research and satellite launch operations. The company operates a fleet of F-104 supersonic aircraft from NASA's Kennedy Space Center, aiming to provide accessible sub-orbital launch services for small satellites. Think of it as the scrappy underdog trying to carve out a niche in the increasingly crowded space economy.

After opening Monday at $7.73, the stock took off like, well, a rocket. Trading volume hit over 36 million shares, dwarfing its average daily volume of roughly 5.2 million. By afternoon, shares were changing hands above $23, marking a fresh 52-week high.

Why the Space Craze?

FJET's rally isn't happening in isolation. The entire space sector is having a moment. Rocket Lab hit all-time highs above $78 Monday after landing an $816 million contract with the Space Development Agency. Sidus Space surged over 90% on news of a new missile defense contract. The sector is hot, and traders are chasing anything with a launch pad.

Adding fuel to the fire are reports of potential IPOs for SpaceX and Blue Origin, plus Google's rumored interest in space-based computing. When the big names start making noise, smaller players like Starfighters tend to catch a tailwind.

What's Next?

At $23.20, Starfighters Space shares were up 252.62% at the time of publication. The previous high of $17.72 may now serve as support if the stock pulls back, while the psychological $25 level looms as near-term resistance. Traders will be watching these levels closely to see if the momentum continues or if profit-taking kicks in.

Back to Stock Market News

Starfighters Space Rockets Over 250% in Space Sector Rally After Fresh IPO

MarketDash Editorial Team
21 hours ago
Starfighters Space shares are having quite the debut week, surging more than 250% on massive volume as the space sector catches fire with major contracts and IPO speculation driving investor enthusiasm.

If you thought IPO debuts were supposed to be measured affairs, Starfighters Space (FJET) didn't get the memo. The stock has absolutely exploded since going public last Thursday, jumping more than 250% on Monday alone as investors pile into anything space-related.

The Setup

Starfighters priced its IPO at $3.59, raising $40 million to fund its hypersonic research and satellite launch operations. The company operates a fleet of F-104 supersonic aircraft from NASA's Kennedy Space Center, aiming to provide accessible sub-orbital launch services for small satellites. Think of it as the scrappy underdog trying to carve out a niche in the increasingly crowded space economy.

After opening Monday at $7.73, the stock took off like, well, a rocket. Trading volume hit over 36 million shares, dwarfing its average daily volume of roughly 5.2 million. By afternoon, shares were changing hands above $23, marking a fresh 52-week high.

Why the Space Craze?

FJET's rally isn't happening in isolation. The entire space sector is having a moment. Rocket Lab hit all-time highs above $78 Monday after landing an $816 million contract with the Space Development Agency. Sidus Space surged over 90% on news of a new missile defense contract. The sector is hot, and traders are chasing anything with a launch pad.

Adding fuel to the fire are reports of potential IPOs for SpaceX and Blue Origin, plus Google's rumored interest in space-based computing. When the big names start making noise, smaller players like Starfighters tend to catch a tailwind.

What's Next?

At $23.20, Starfighters Space shares were up 252.62% at the time of publication. The previous high of $17.72 may now serve as support if the stock pulls back, while the psychological $25 level looms as near-term resistance. Traders will be watching these levels closely to see if the momentum continues or if profit-taking kicks in.