Starfighters Space (FJET) has landed in the public markets with a $40 million IPO, and traders have wasted no time stress testing the stock through extreme volatility and heavy early volume.
See our latest analysis for Starfighters Space.
That explosive 1 day share price return of about 371 percent comes on top of an early year to date share price return above 270 percent. Together, these figures signal powerful short term momentum even as the business is still loss making and early stage.
If Starfighters Space has your attention, this is also a good moment to explore other high potential names in the sector, starting with aerospace and defense stocks.
With no revenues yet, shrinking but persistent losses and a share price now multiples of its IPO level, investors face a simple question: is this an early stage bargain, or is the market already pricing in years of growth?
Starfighters Space last closed at 31.50 dollars, and the company currently reports a deeply negative price to book ratio of around minus 160 times versus positive industry averages.
Price to book compares a company’s market value with its net assets. This measure is especially important in capital intensive sectors like aerospace and defense where balance sheet strength underpins long term contracts and funding.
In Starfighters Space’s case, liabilities exceed assets, so shareholders equity is negative. The resulting ratio is not a standard valuation signal so much as a red flag about the company’s financial position and limited cash runway.
The contrast is stark. The broader US aerospace and defense industry is trading at about 3.7 times book value and peers are nearer 2.5 times, highlighting how unusual Starfighters Space’s balance sheet profile is right now.
See what the numbers say about this price — find out in our valuation breakdown.
Result: Price to Book of -159.7x (OVERVALUED)
However, persistent losses and the absence of revenue mean any delay in securing sizable contracts or funding could swiftly undermine today’s momentum-driven narrative.
Find out about the key risks to this Starfighters Space narrative.
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A great starting point for your Starfighters Space research is our analysis highlighting 4 important warning signs that could impact your investment decision.
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