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Code Metal vs SpaceX — IPO & Funding Comparison

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

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Some data on this page may be outdated. We're verifying.
Data for Code Metal last verified: May 28, 2026. SpaceX: verified May 29, 2026.
Metric Code Metal SpaceX
Valuation$250M$1.75T\u2013$2T
Total Funding$61.4M$11.9B
IPO StatusPre-IPOPrivate
SectorDefense Tech / Manufacturing SoftwareAerospace & Defense
StageSeries D+Pre-IPO
HeadquartersSan Francisco, CAStarbase, TX
CEOElon Musk
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Code Metal

Software for defense manufacturing and AI-powered production optimization

IndustryDefense Tech / Manufacturing Software
StageSeries D+
IPO StatusPre-IPO
Valuation$250M
Total Funding$61.4M
HeadquartersSan Francisco, CA

SpaceX

Aerospace and space transportation company. S-1 CONFIRMED filed May 20, 2026 (CIK 0001181412). Roadshow starts June 8, 2026. IPO target June 18–30, 2026. $75B raise at $275B valuation — largest IPO in history. Lead underwriters: Morgan Stanley, Goldman Sachs, JPMorgan. 30% retail allocation. Government contracts: NASA, DoD, Space Force. Starlink: 10M+ subscribers, $10B+ revenue.

IndustryAerospace & Defense
StagePre-IPO
IPO StatusPrivate
Valuation$1.75T\u2013$2T
Total Funding$11.9B
HeadquartersStarbase, TX

Frequently Asked Questions

What are the valuations of Code Metal and SpaceX? +

Code Metal is valued at $250M. SpaceX is valued at $1.75T\u2013$2T. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Code Metal has raised $61.4M. SpaceX has raised $11.9B.

What is the IPO status of Code Metal and SpaceX? +

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

Are Code Metal and SpaceX in the same sector? +

Code Metal operates in Defense Tech / Manufacturing Software, while SpaceX operates in Aerospace & Defense.

What are the main differences between Code Metal and SpaceX? +

Code Metal is a Defense Tech / Manufacturing Software company valued at $250M with $61.4M raised. SpaceX is a Aerospace & Defense company valued at $1.75T\u2013$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 Code Metal or SpaceX before their IPO? +

Accredited investors can access pre-IPO shares in Code Metal 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.