The hype train has left the station, and Figma's share price is rocketing higher. Here is what might come next.

Keep an eye on space tech company Firefly Aerospace, which is expected to go public the week of Aug. 4, as well as buy now/pay later firm Klarna and ticket marketplace StubHub, which have already filed to go public.

Figma’s IPO valued the company above $19 billion on a fully diluted basis. It raised about $1.2 billion for the company and investors who cashed out on shares, making it the biggest venture-backed tech IPO since 2021, according to Renaissance Capital.