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Starfighters Space (FJET) Stock Surges 200% Post-IPO Amid Space Sector Rally

Starfighters Space (FJET) Stock Surges 200% Post-IPO Amid Space Sector Rally

Author:

Global Cryptocurrency

Published:

2025-12-23 13:03:02

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BTCCSquare news:

Starfighters Space (FJET) shares skyrocketed over 200% during Monday's trading session, peaking at $23.20 after debuting at $7.73. The company's IPO, priced at $3.59 per share, successfully raised $40 million to advance hypersonic research and satellite launch capabilities.

The rally mirrors broader momentum in the space sector, with Rocket Lab securing an $816 million government contract and Sidus Space gaining 90%. Starfighters operates a fleet of retrofitted F-104 jets from NASA's Kennedy Space Center for suborbital payload delivery.

Trading volume exploded to 36 million shares - seven times the 5.2 million average - signaling intense speculative interest. The MOVE establishes FJET as the latest beneficiary of retail investor enthusiasm for space-related small caps.

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