Jim Cramer on Firefly Aerospace: "I Think That That One Is a Little Too Speculative for Me"

Firefly Aerospace Inc. (NASDAQ:FLY) is one of the stocks Jim Cramer talked about, along with market froth. When a caller made a note of their curiosity regarding the stock, Cramer remarked:

Okay, space and defense continues to attract a lot of interest. I now am saying we’ve gotta buy companies that make some, that have some degree of earnings right now, because I don’t want too speculative, and I think that that one is a little too speculative for me.

Firefly Aerospace Inc. (NASDAQ:FLY) develops space and defense technologies used for launching, moving, and operating assets in orbit. During the CNBC’s Squawk on the Street episode aired on August 7, 2025, Cramer showed optimism around the company’s IPO, as he commented:

Well we need these. We don’t have anything connected with rocketry goes higher, so could this double? Yeah, easy. I do think that, I’m not being facetious. . .this is a very exciting. . .Figma couldn’t put a man on Pennsylvania. This thing is David is so hot, you need to have hundreds of millions of shares offered in order to keep this thing down.

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Disclosure: None. This article is originally published at Insider Monkey.