Sierra Space
Pre-IPOHabitation & Infrastructure
$8B
Developing Dream Chaser, a winged spaceplane for cargo and crew transport to the ISS and future commercial stations. Also building LIFE habitats: inflatable modules for orbital and lunar use.
Visit websiteBEFORE YOU BUY PRE-IPO
reviewed 2026-09-02- Pre-IPO exposure sold through secondary-market special-purpose vehicles (SPVs) can be resold before the IPO. In August 2026 a SpaceX investor paid for pre-IPO exposure and then learned the underlying shares had already been sold.
- Fee stacks of 2 to 18% per layer were reported in August 2026; every intermediary between you and the company takes its own.
- Many of those intermediaries are not registered broker-dealers.
- A hot listing is not a floor: York Space priced its January 2026 IPO at $34, the top of its range, and fell 76% in 2026 after listing.
Recent listings to compare against: Voyager Technologies (VOYG, listed 2025-06-11) and York Space (listed 2026-01-29). Nothing on SpaceDew is financial advice.
IPO TIMELINE
No public filing has been announced and no date is set. Dream Chaser's first orbital flight is the catalyst that would open the IPO window; the timeline slipped after CEO Tom Vice departed in January 2025.
KEY METRICS
Last Valuation
$8B (Series C, Mar 2026)
Series C Size
$550M
NASA CRS-2 Value
$1.4B+
Dream Chaser
First flight late 2026
CATALYSTS
Dream Chaser first orbital flight
Named CEO and a stated IPO timeline
Additional LIFE habitat contracts
Commercial station partnership deals