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Firefly Aerospace stock tanks 24% after test rocket explosion
CNBC· 2025-09-30 14:17
A model of the Firefly Aerospace Blue Ghost lander during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025.The explosion occurred during a first-stage test flight of satellite-launching Alpha Flight 7 rocket at its facility in Briggs, Texas, Firefly wrote in an update . "Proper safety protocols were followed, and all personnel are safe," Firefly wrote. "The company is assessing the impact to its stage test stand, and no other facilities were impacted. ...