Firefly Aerospace (NASDAQ:FLY) stock is living up to its name this morning. Shares of the rocket stock flew higher after announcing a groundbreaking deal to sell rocket engines to AST SpaceMobile (NASDAQ:ASTS) -- and collect $1.3 billion in the process. AST investors seem to like the news, and that stock is up 5% -- but Firefly investors are absolutely over the moon, and the stock is up 26.8% through 11:30 a.m. ET. Image source: Getty Images.
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