Space tech firm Voyager valued at $3.8 billion as shares surge in NYSE debut

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Voyager Technologies secured a valuation of $3.8 billion after the defense and space firm’s shares more than doubled in their U.S. debut, signalling strong interest in the sector expected to thrive under the Trump administration.

The Denver, Colorado-based company’s stock opened 125% higher on Wednesday at $69.75 apiece, above the $31 offer price. Voyager raised $382.8 million by selling nearly 12.4 million shares in an upsized IPO.

The space industry is undergoing major policy shifts under President Donald Trump, which has proposed a $175 billion…



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Space tech firm Voyager valued at $3.8 billion as shares surge in NYSE debut


Voyager Technologies secured a valuation of $3.8 billion after the defense and space firm’s shares more than doubled in their U.S. debut, signalling strong interest in the sector expected to thrive under the Trump administration.

The Denver, Colorado-based company’s stock opened 125% higher on Wednesday at $69.75 apiece, above the $31 offer price. Voyager raised $382.8 million by selling nearly 12.4 million shares in an upsized IPO.

The space industry is undergoing major policy shifts under President Donald Trump, which has proposed a $175 billion…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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