Firefly Aerospace (NASDAQ: FLY) has lost about 75% of its value since it hit an all-time high of $73. 80 per share in August 2025. Shares recently traded around $18. 23, giving the company a market capitalization of approximately $3 billion. That's a pretty steep decline for a company that successfully landed a spacecraft on the Moon and is now generating triple-digit revenue growth.
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