So, Firefly Aerospace (FLY +15.73%) had a launch. A successful launch, they’re saying. Fifteen percent pop in the stock. Honestly, it’s just… irritating. Like everyone’s just supposed to be thrilled because a metal tube didn’t immediately explode on the launchpad? It’s the expectation of not exploding that’s the problem. It’s setting the bar so low. They launched Alpha Flight 7 last night, from Vandenberg, carrying something for Lockheed Martin (LMT +0.88%). Big deal.
A Return to… What Exactly?
Apparently, this was their first launch since last April, when Alpha Flight 6 decided to take a detour back to Earth. A detour. That’s what they’re calling it. Stage separation went wrong, the booster broke apart, the second stage couldn’t achieve orbit… It was a mess. And now everyone acts like fixing the obvious is some kind of achievement? Like they’re reinventing the wheel? It’s basic competence, people! Basic competence. They also “tested improvements” for Alpha Flight 8. Oh, great. More testing. More delays. More opportunities for things to go wrong.
What Does It All Mean?
Look, if Flight 7 had failed, it would have been bad. Obviously. It would have meant they couldn’t launch anything and revenue would have been delayed. But it didn’t fail! So now we’re supposed to be impressed? They’re forecasting $446 million in sales for 2026. Triple their 2025 business. Okay, fine. But they’re still not profitable. Not until 2027. So, they’re losing money hand over fist for another two years, and we’re supposed to be excited about a potential future profit? It’s infuriating. It’s like they’re dangling a carrot in front of you, then asking you to pay for the privilege of watching the donkey chase it.
They say the stock will follow. Of course, they do. They always say that. It’s a self-fulfilling prophecy of optimistic delusion. It’s just… exhausting. Honestly, I need a nap. And maybe a new investment strategy. One that doesn’t involve hoping a rocket doesn’t fall out of the sky.
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2026-03-12 21:45