Rust doesn't have a -ffast-math flag, though it is interesting that you passed it directly to llvm. I am kinda glad that escape hatch doesn't work, to be honest.
There are currently unstable intrinsics that let you do this, and you seemingly get close to clang codegen with them: https://godbolt.org/z/EEW79Gbxv
The thread tracking this discusses another attempt at a flag to enable this by turning on the CPU feature directly, but that doesn't seem to affect codegen in this case. https://github.com/rust-lang/rust/issues/21690
It would be nice to get these intrinsics stabilized, at least.
EDIT: oops you figured this out while I was writing it, haha.
https://godbolt.org/z/KjErzacfv
Edit: ...and I now realize who I responded to, I'm sure you already know this. :)