Upcoming Space IPOs

Track potential IPO candidates from private space companies. Last updated: 2025-12-08

10
IPO Candidates
7
Recently Public
$350B+
Top Valuation
2026
Expected IPOs

Important Disclaimer

Not Investment Advice: The information on this page is for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any of the website's content as such.

Speculative Information: IPO timelines, valuations, and company data are based on publicly available reports, news articles, and analyst estimates. This information is speculative, may be outdated, and may not reflect actual company plans or current market conditions.

Do Your Own Research: Before making any investment decisions, conduct your own due diligence and consult with a qualified financial advisor. Past performance does not guarantee future results.

IPO Watch List

SpaceX / Starlink RUMORED Possible

World's leading launch provider and operator of Starlink satellite internet constellation with 8M+ subscribers

Valuation
$350B
Total Raised
$10B+
Timeline
H2 2026
Sector
Launch & Satellite Internet
Key Metrics
8M+ Starlink subscribers 150 countries served $12B Starlink revenue (2025) 80%+ of global orbital mass launched
Recent News

December 2025: Reports suggest SpaceX targeting late 2026 IPO at up to $800B valuation. Musk clarified company is cash-flow positive and not actively raising at that valuation.

Key Risks
  • ! Musk has historically been reluctant to take SpaceX public
  • ! No urgent need for capital - company is cash flow positive
  • ! May spin off Starlink separately instead
Founded
2002
HQ
Hawthorne, CA
Employees
13,000+
Revenue
$15.5B (2025 projected)
Visit Website
Sierra Space PREPARING Possible

Developer of Dream Chaser spaceplane and commercial space station modules

Valuation
$5.3B
Total Raised
$1.7B
Timeline
2025-2026
Sector
Human Spaceflight
Key Metrics
$5.3B valuation (2023) Dream Chaser cargo vehicle for ISS LIFE habitat for commercial space stations NASA Commercial Crew contractor
Recent News

January 2025: CEO Tom Vice departed. Company pivoting to defense contracts and seeking $300M in fresh funding. Dream Chaser orbital debut delayed.

Key Risks
  • ! Leadership transition with CEO departure
  • ! Dream Chaser delays
  • ! High cash burn rate
  • ! Seeking additional funding before potential IPO
Founded
2021
HQ
Broomfield, CO
Employees
1,500+
Revenue
Pre-revenue
Visit Website
Axiom Space POSSIBLE Possible

Building the first commercial space station to succeed the ISS

Valuation
$2.0B
Total Raised
$500M+
Timeline
2026-2027
Sector
Space Stations
Key Metrics
4 successful private astronaut missions to ISS NASA contract for commercial station modules First module launch planned 2026 Designing next-gen spacesuits for NASA
Recent News

March 2025: Raising funds at $2B valuation, down from $2.6B in 2023. Planning 3 space modules to connect to ISS between 2025-2030.

Key Risks
  • ! Down round valuation indicates investor caution
  • ! High capital requirements for station development
  • ! ISS retirement timeline uncertainty
  • ! Competition from Vast and others
Founded
2016
HQ
Houston, TX
Employees
700+
Revenue
~$100M+ (private astronaut missions)
Visit Website
Relativity Space POSSIBLE Speculative

3D-printed rocket manufacturer developing Terran R medium-lift launch vehicle

Valuation
$4.2B
Total Raised
$1.3B
Timeline
2027+
Sector
Launch
Key Metrics
$4.2B valuation World's largest metal 3D printers Terran R: 23,500 kg to LEO Partnerships with OneWeb, Intelsat
Recent News

June 2025: Completed reverse stock split. March 2025: Eric Schmidt (former Google CEO) acquired controlling stake and became CEO.

Key Risks
  • ! No successful orbital launches yet
  • ! Terran 1 test flight failed to reach orbit
  • ! High cash burn - at least 5 years behind SpaceX
  • ! Major leadership change with Schmidt takeover
Founded
2015
HQ
Long Beach, CA
Employees
1,000+
Revenue
Pre-revenue
Visit Website
Vast POSSIBLE Speculative

Commercial space station developer building Haven-1, the first single-launch commercial station

Valuation
$1.8B
Total Raised
$400M+
Timeline
2027+
Sector
Space Stations
Key Metrics
Haven-1 station launch planned 2025-2026 SpaceX Dragon crew vehicle partnership Artificial gravity long-term roadmap Backed by crypto billionaire Jed McCaleb
Recent News

Haven-1 development progressing with SpaceX as launch provider. NASA LEO destinations program participant.

Key Risks
  • ! Early stage - no hardware in orbit yet
  • ! Heavy reliance on founder funding
  • ! Uncertain commercial demand for stations
  • ! Competition from larger players
Founded
2021
HQ
Long Beach, CA
Employees
400+
Revenue
Pre-revenue
Visit Website
Stoke Space EARLY Speculative

Developing fully and rapidly reusable rocket with innovative upper stage recovery

Valuation
$1B+
Total Raised
$175M
Timeline
2028+
Sector
Launch
Key Metrics
First upper stage vertical landing (2024) Novel regeneratively cooled heat shield 15,000 lb payload target Founded by Blue Origin veterans
Recent News

Successfully demonstrated upper stage vertical landing in 2024 - first company to achieve this milestone.

Key Risks
  • ! Early stage technology development
  • ! Full system integration not yet demonstrated
  • ! Competitive launch market
  • ! Significant capital needed for operations
Founded
2019
HQ
Kent, WA
Employees
200+
Revenue
Pre-revenue
Visit Website
K2 Space EARLY Speculative

Building ultra-high-power satellites for defense and commercial applications

Valuation
$500M+
Total Raised
$200M
Timeline
2027+
Sector
Satellite Manufacturing
Key Metrics
Developing 50kW+ power class satellites Series B raised $51M in 2024 Defense and commercial customers Former SpaceX and Astra leadership
Recent News

Rapidly growing with focus on high-power satellite platforms for defense applications.

Key Risks
  • ! Early stage company
  • ! No satellites launched yet
  • ! Dependent on defense contracts
  • ! Competitive market for satellite manufacturing
Founded
2022
HQ
Los Angeles, CA
Employees
100+
Revenue
Pre-revenue
Visit Website
Impulse Space EARLY Speculative

In-space transportation and orbital transfer vehicle provider

Valuation
$400M+
Total Raised
$150M+
Timeline
2027+
Sector
In-Space Services
Key Metrics
Mira orbital transfer vehicle Helios Mars transfer vehicle First mission launched 2023 Founded by former SpaceX propulsion lead
Recent News

Successfully deployed customer payloads with Mira OTV. Growing backlog of commercial missions.

Key Risks
  • ! Relatively early stage
  • ! Capital intensive business
  • ! Competition from SpaceX, RocketLab
  • ! Dependent on rideshare market growth
Founded
2021
HQ
Redondo Beach, CA
Employees
150+
Revenue
Early revenue
Visit Website
Varda Space Industries EARLY Speculative

In-space manufacturing company producing pharmaceuticals and materials in microgravity

Valuation
$500M+
Total Raised
$150M+
Timeline
2027+
Sector
In-Space Manufacturing
Key Metrics
Successfully returned first capsule (2024) Pharmaceutical manufacturing in orbit Multiple capsule missions planned Partnership with Rocket Lab
Recent News

Successfully returned pharmaceutical payload from orbit in 2024. Planning multiple follow-on missions.

Key Risks
  • ! Novel business model - in-space manufacturing
  • ! Regulatory pathway for pharma manufacturing
  • ! Capital intensive operations
  • ! Early stage revenue
Founded
2020
HQ
El Segundo, CA
Employees
100+
Revenue
Early revenue
Visit Website
True Anomaly EARLY Speculative

Space domain awareness and satellite servicing for national security applications

Valuation
$500M+
Total Raised
$250M+
Timeline
2027+
Sector
Defense
Key Metrics
Series B raised $100M in 2024 Jackal autonomous spacecraft Space domain awareness software Multiple DoD contracts
Recent News

Launched first Jackal spacecraft. Growing defense contract base for space domain awareness.

Key Risks
  • ! Dependent on government/defense spending
  • ! Crowded defense space market
  • ! Early operational history
  • ! Classified contract visibility
Founded
2022
HQ
Denver, CO
Employees
200+
Revenue
Defense contracts
Visit Website

Recently Public Space Companies

Space companies that have gone public in recent years, primarily through SPAC mergers.

Rocket Lab

RKLB

Small launch provider and spacecraft manufacturer

IPO Date
Aug 2021
Type
SPAC
IPO Value
$4.1B
Market Cap
$12B+

Spire Global

SPIR

Satellite data and analytics company

IPO Date
Aug 2021
Type
SPAC
IPO Value
$1.6B
Market Cap
$500M

Planet Labs

PL

Earth observation satellite constellation operator

IPO Date
Dec 2021
Type
SPAC
IPO Value
$2.8B
Market Cap
$1.5B

BlackSky

BKSY

Real-time geospatial intelligence company

IPO Date
Sep 2021
Type
SPAC
IPO Value
$1.5B
Market Cap
$400M

AST SpaceMobile

ASTS

Direct-to-smartphone satellite network

IPO Date
Apr 2021
Type
SPAC
IPO Value
$1.8B
Market Cap
$8B+

Intuitive Machines

LUNR

Lunar lander and space services company

IPO Date
Feb 2023
Type
SPAC
IPO Value
$1B
Market Cap
$2B+

Redwire

RDW

Space infrastructure and manufacturing

IPO Date
Sep 2021
Type
SPAC
IPO Value
$615M
Market Cap
$800M+

Sources