Shares in Firefly Aerospace climbed 34% in their public debut, marking the next evolution for a company that survived bankruptcy and turmoil to develop its own fleet of rockets and successfully land a private spacecraft on the moon.

Firefly Aerospace, a space technology firm whose Blue Ghost lunar lander touched down on the moon earlier this year, jumped more than 50% during its initial public offering on the Nasdaq Thursday, trading over $70 per share before settling closer to $62 later in the afternoon—making the Texas-based rocket developer the most recent successful IPO in a warming market.