What's Going On With FlyExclusive Stock Thursday?
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flyExclusive, Inc. announced a public stock offering of 2,255,639 shares priced at $6.65 each, expected to close around January 12, 2026. The company also formed a strategic partnership with Starlink Aviation, leading to a stock rally of over 110%. However, shares fell 18.26% to $5.91 on Friday. The proceeds from the offering will be used for working capital and corporate purposes, while the Starlink deal allows flyExclusive to install high-speed connectivity systems on its fleet and offer services to third-party operators.
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