The post Starfighters Space (FJET) Stock: Shares Triple After IPO as Space Sector Takes Off appeared on BitcoinEthereumNews.com.

TLDR Starfighters Space (FJET) shares rocketed 252% on Monday to $23.20 after completing a $40 million IPO at $3.59 per share. The aerospace company operates F-104 supersonic jets from Kennedy Space Center for small satellite launches into low Earth orbit. Trading volume exploded to 36 million shares, dwarfing the typical 5.2 million daily average as investors piled in. The space sector rallied broadly with Rocket Lab hitting new highs on an $816 million contract and Sidus Space up 90%. CEO Rick Svetkoff plans to use IPO proceeds for hypersonic R&D and scaling launch operations to meet growing demand. Starfighters Space made its official trading debut with a bang. Shares skyrocketed over 250% on Monday. The stock opened at $7.73 and climbed to $23.20 by afternoon. That’s more than triple the $3.59 IPO price from last week. Starfighters Space Inc, FJET FJET began trading on the NYSE American exchange December 18. The company raised $40 million by selling 11,142,061 shares. The offering actually started in September 2024 as a Regulation A Tier 2 raise. It finally closed this month after selling shares over the 15-month period. This is Starfighter’s Space $FJET Launching Vehicles The Famous Lockheed F-104 Starfighter! These Vehicles will be Launching Satellites in 2026! pic.twitter.com/kTgEPCPRVl — Stock Snipa (@stocksnipa) December 20, 2025 Trading activity went through the roof Monday. Volume hit 36 million shares. That’s nearly seven times the normal daily average of 5.2 million. The surge shows serious buying pressure from retail and institutional players alike. The Space Rally Connection FJET wasn’t alone in Monday’s rally. The entire space sector got a boost. Rocket Lab shares touched all-time highs above $78. The catalyst was an $816 million Space Development Agency contract. Sidus Space jumped over 90% on its own missile defense deal. Investors clearly have an appetite for…

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Filed under: News - @ December 23, 2025 5:27 pm