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Firefly Aerospace stock tanks 20% after test rocket explosion

Pelican Press

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A model of the Firefly Aerospace Blue Ghost lander during the company’s initial public offering at the Nasdaq MarketSite in New York, on Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace shares sank nearly 21% after its rocket exploded during a ground test on Monday. The explosion occurred during a first-stage test of the satellite-launching Alpha Flight 7…

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