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SpaceX vs X-Energy — 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 SpaceX X-Energy
Valuation$1.75T – $2T$3.5B
Total Funding$11.9B$1B+
IPO StatusPrivatePublic
SectorAerospace & DefenseNuclear Energy
StageIPO FiledPublic
HeadquartersHawthorne, CARockville, MD
CEOElon MuskClay Sell
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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

X-Energy

X-Energy is a nuclear energy company developing small modular reactors (SMRs) and TRISO-X fuel. Amazon-backed and DOE-funded, filed S-1 with SEC on March 20 2026 targeting $1B raise on Nasdaq under ticker XE. Partners include Talen Energy, Dow Chemical, and Centrica.

IndustryNuclear Energy
StagePublic
IPO StatusPublic
Valuation$3.5B
Total Funding$1B+
HeadquartersRockville, MD

Frequently Asked Questions

What are the valuations of SpaceX and X-Energy? +

SpaceX is valued at $1.75T – $2T. X-Energy is valued at $3.5B. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

SpaceX has raised $11.9B. X-Energy has raised $1B+.

What is the IPO status of SpaceX and X-Energy? +

SpaceX is currently private. X-Energy is currently already public. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are SpaceX and X-Energy in the same sector? +

SpaceX operates in Aerospace & Defense, while X-Energy operates in Nuclear Energy.

What are the main differences between SpaceX and X-Energy? +

SpaceX is a Aerospace & Defense company valued at $1.75T – $2T with $11.9B raised. X-Energy is a Nuclear Energy company valued at $3.5B with $1B+ raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in SpaceX or X-Energy before their IPO? +

Accredited investors can access pre-IPO shares in SpaceX and X-Energy 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.