FJET Stock On Track To Post Its Best Single-Day Gains This Year – Institutional Investors Build Multi-Million Dollar Stake

The company said it received a $17.5 million equity investment without disclosing the investors' names.
The Starfighters Space (Star Fighters Space) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
The Starfighters Space (Star Fighters Space) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
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Ahmed Farhath·Stocktwits
Published May 22, 2026   |   12:37 PM EDT
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  • According to data from Fiscal AI, Richard William Svetkoff, the founder of Starfighters Space, remains the largest stakeholder.
  • The company went public in December last year and operates “the world’s only commercial fleet of flight-ready MACH 2+ supersonic aircraft.” 
  • It plans to use the investment to expand operations, build infrastructure, and advance its STARLAUNCH platform.

Shares of Starfighters Space (FJET) soared on Friday after the company received a significant equity investment from institutional investors, as the sector continues to see an uptick, fueled by broader optimism surrounding SpaceX’s plans to become a publicly listed entity.

At the time of writing, the stock was up more than 40% and on track for its biggest one-day percentage since Dec. 22, 2025, its second day as a public company.

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The Investment

The company said it received a $17.5 million equity investment, without disclosing the names of the investors, which it plans to use, among other things, to expand operations, build infrastructure, and advance its STARLAUNCH platform.

The equity financing comes as the company progresses from making functional prototypes to scaled commercial execution with the opportunity to tap into multiple space-related markets.

According to data from Fiscal AI, Richard William Svetkoff, the company’s founder, remains the largest stakeholder, with 14.2 million shares valued at $120.5 million. The Vanguard Group and its related funds cumulatively hold the second-largest stake in the company.

Zooming In On Starfighters Space

The company, which went public in December last year via a $40 million initial public offering, operates what it claims is “the world’s only commercial fleet of flight-ready MACH 2+ supersonic aircraft,” capable of traveling more than double the speed of sound.

Starfighters Space operates from NASA’s Kennedy Space Center in Florida alongside SpaceX (SPCX), Boeing (BA), Blue Origin, and Lockheed Martin (LMT).

What Retail Thinks About FJET

On Stocktwits, retail sentiment toward FJET stock remained in ‘extremely bullish’ territory over the last 24 hours, with many users noting and cheering the funding news.

FJET stock has lost more than a third of its value so far this year, underperforming the benchmark S&P index.

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