Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.
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Modal provides cloud compute for AI and data science workloads, enabling ML engineers and data scientists to run Python, GPU, and serverless workloads in the cloud without managing infrastructure. Valued at 200M USD with 60M raised, Modal competes with Baseten, Vercel, and AWS SageMaker in the 50B+ ML deployment market.
| Industry | Enterprise Software |
| Stage | Series B |
| IPO Status | Private |
| Valuation | $200M |
| Total Funding | $36M |
| Headquarters | New York, NY |
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.
| Industry | Aerospace & Defense |
| Stage | Pre-IPO |
| IPO Status | Pre-IPO |
| Valuation | $1.75T\u2013$2T |
| Total Funding | $11.9B |
| Headquarters | Starbase, TX |
Modal is valued at $200M. SpaceX is valued at $1.75T\u2013$2T. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.
Modal has raised $36M. SpaceX has raised $11.9B.
Modal is currently private. SpaceX is currently pre-IPO. Track both on TechStackIPO for S-1 filings and IPO announcements.
Modal operates in Enterprise Software, while SpaceX operates in Aerospace & Defense.
Modal is a Enterprise Software company valued at $200M with $36M 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.
Accredited investors can access pre-IPO shares in Modal 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.