Firefly Aerospace, a space technology company based in Cedar Park, Texas, has priced its upsized initial public offering (IPO) at $45 per share, exceeding the previously marketed range of $41 to $43. The company sold more than 19 million shares, raising approximately $868 million. This valuation places Firefly at about $6.32 billion, making its market capitalization nearly one-third that of Rocket Lab. The strong demand for satellite launch services has driven investor interest in the IPO, which is set to begin trading on Thursday.