On Friday, the stock gave up $10 of yesterday's gains, and closed closer to $50. Firefly stock remains a very expensive space IPO. Firefly Aerospace (NASDAQ: FLY), the Nasdaq exchange's newest space stock, went public at $45 on Thursday and quickly surged to close its first abridged day of trading up 34.1% at $60.35.

The space tech firm, which debuted on the Nasdaq today, boasts the only commercial vehicle to have successfully landed on the moon. Update Thursday, 3:14 p.m.:

Firefly Aerospace will begin trading on the Nasdaq on Thursday after raising $868.3 million in the largest U.S. listing this year by a space tech company. Firefly — which became the second private enterprise to achieve a lunar landing five months ago — priced the IPO at $45 per share,