Texas-based Firefly Aerospace, whose Blue Ghost vehicle successfully landed on the moon, will make its market debut on Thursday.

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.

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