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Apr 20, 2026 12:00 PM

Aevex Stock Rockets On IPO Debut: Wall Street's New War Unicorn

Aevex Corp.'s (NYSE:AVEX) explosive debut is fast turning the military drone maker into one of Wall Street's clearest expressions of the "war unicorn" trade that is starting to reshape both Pentagon strategy and capital markets. 

AVEX stock is moving. See the chart and price action here. 

The Madison Dearborn-backed company raised $320 million in its IPO, selling 16 million shares at $20 each. 

The stock then ripped roughly 35% higher in its NYSE debut on Friday and tacked on another 30% in early trading Monday as investors scrambled for defense‑tech exposure.

The offering reportedly oversubscribed multiple times, according to Bloomberg sources, with Aevex opening well above its offer price under the ticker AVEX and adding to those gains into its first full trading week. 

That kind of order book ...