York Space starts trading at $38 per share as CEO touts 'Golden Dome' potential

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York Space Systems

began trading as a public company on Thursday, with founder and CEO Dirk Wallinger touting the company’s potential to be a key contributor to President Trump’s ‘Golden Dome’ project.

The Denver-based space company opened on the New York Stock Exchange at $38, up 11.7% from its $34 offering price. It was valued at $4.75 billion.

“Golden Dome is essentially making disparate systems that weren’t intended to talk to one another, talk to one another, which is what we do,” Wallinger told CNBC’s Morgan Brennan. “York’s already delivering on that, so we’re looking for the opportunity to deliver on the Golden Dome for our country.”