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Redwood Materials vs SpaceX — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

● Data current Last verified: May 12, 2026
Metric Redwood Materials SpaceX
Valuation$3.7B$1.75T – $2T
Total Funding$1.35B$11.9B
IPO StatusPre-IPOPrivate
SectorClimate TechAerospace & Defense
StageSeries D+IPO Filed
HeadquartersCarson City, NVHawthorne, CA
CEOJB StraubelElon Musk
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Redwood Materials

EV battery recycling company recovering lithium, cobalt, and nickel to build closed-loop battery supply chains.

IndustryClimate Tech
StageSeries D+
IPO StatusPre-IPO
Valuation$3.7B
Total Funding$1.35B
HeadquartersCarson City, NV

SpaceX

Aerospace and defense company. Active S-1 filed April 1, 2026 targeting $75B Nasdaq IPO in June 2026 at $1.75T–$2T valuation — largest IPO in history. $15B combined revenue (SpaceX + xAI merger). Starlink: $10B revenue, 10M subscribers. Government contracts with NASA and DoD. 30% retail allocation.

IndustryAerospace & Defense
StageIPO Filed
IPO StatusPrivate
Valuation$1.75T – $2T
Total Funding$11.9B
HeadquartersHawthorne, CA

Frequently Asked Questions

What are the valuations of Redwood Materials and SpaceX? +

Redwood Materials is valued at $3.7B. SpaceX is valued at $1.75T – $2T. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Redwood Materials has raised $1.35B. SpaceX has raised $11.9B.

What is the IPO status of Redwood Materials and SpaceX? +

Redwood Materials is currently pre-IPO. SpaceX is currently private. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are Redwood Materials and SpaceX in the same sector? +

Redwood Materials operates in Climate Tech, while SpaceX operates in Aerospace & Defense.

What are the main differences between Redwood Materials and SpaceX? +

Redwood Materials is a Climate Tech company valued at $3.7B with $1.35B raised. SpaceX is a Aerospace & Defense company valued at $1.75T – $2T with $11.9B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in Redwood Materials or SpaceX before their IPO? +

Accredited investors can access pre-IPO shares in Redwood Materials and SpaceX through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.