What Happened
Why This Space Company Remains A Favorite Under $20
Firefly Aerospace, the company that successfully landed a spacecraft on the Moon, has seen its shares plummet 75% from their all-time high. Despite this, the company’s second-quarter revenue surged 659% year over year to $117.7 million, and its expanding capabilities and NASA contracts support its long-term growth potential. With shares trading around $18, Firefly remains a speculative but compelling space stock under $20, according to The Motley Fool.