Firefly Aerospace CEO Jason Kim shared insights on the company’s Nasdaq debut, with the stock opening at $70 and closing at $60.35, boasting a market cap of $8.48 billion. Firefly raised $868 million from the IPO, highlighting a shift towards more mature, well-rounded early-stage companies in the market.

Firefly is part of NASA’s Commercial Lunar Payload Services program and successfully landed its Blue Ghost lunar lander on the moon in March. With the upcoming Eclipse reusable rocket, Firefly has partnerships with SpaceX, Blue Origin, NASA, Northrop Grumman, and Space Force, positioning itself as a key player in the space industry.

Figma, a software company enabling collaboration on slide decks and digital whiteboards, saw its shares rise from $33 to $115.50 on its IPO day. With over 13 million monthly users and key clients like Google and Microsoft, Figma reported double-digit sales growth and operating profits, solidifying its operational success.

Chime, priced at $27 for its IPO, ended its first trading day at $37.11 after reporting strong earnings. CEO Jeremy Allaire’s Circle, another operational IPO success, set the stage for a busy IPO season ahead. S&P Global Market Intelligence data shows a 33.8% sequential increase in US IPOs in the second quarter, signaling a strong market for new offerings.

Read more at Yahoo Finance: Why new IPOs are crushing it out of the block