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QuotesSep 14

Stoke Space

Series D, raising at ~$9BLaunch & Transport
$9B

Building Nova, a fully and rapidly reusable rocket with a novel second-stage recovery approach. Stoke's design uses a ring of differential throttling engines on the upper stage, enabling it to re-enter and land, a capability no other company has achieved.

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BEFORE 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

Still private and raising heavily rather than listing. An IPO is unlikely before Nova demonstrates full-stack reusability; the company has raised more in the last year than most of its peers are worth.

KEY METRICS

Last Valuation
~$9B (raising, Aug 2026)
Funding Raised
$1.34B+ total
Nova Payload
3,000 kg to LEO
First Flight
2026 (SLC-14)

CATALYSTS

Nova first launch from Cape Canaveral SLC-14
Upper stage recovery demonstration
Closing the $1B round now in progress
First commercial launch contract
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