✦ AI AI Company Comparison

OpenAI 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Some data on this page may be outdated.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 OpenAI last verified: Jul 6, 2026. Data for SpaceX last verified: Jul 6, 2026.
Metric OpenAI SpaceX
Valuation$920.0B~$2.59T
Total Funding$65.4B$11.9B
IPO StatusPublicPublic
SectorArtificial IntelligenceAerospace & Defense
StagePublicPublic
HeadquartersSan Francisco, CAStarbase, TX
CEOSam AltmanElon Musk
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OpenAI

OpenAI is valued at $920B — the world's most valuable AI company, backed by over $65B in funding. The company recently restructured as a Public Benefit Corporation to support its mission of developing safe AGI.

IndustryArtificial Intelligence
StagePublic
IPO StatusPublic
Valuation$920.0B
Total Funding$65.4B
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
StagePublic
IPO StatusPublic
Valuation~$2.59T
Total Funding$11.9B
HeadquartersStarbase, TX

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Frequently Asked Questions

What is the OpenAI vs SpaceX valuation in 2026? +

OpenAI is valued at $920.0B. SpaceX is valued at ~$2.59T. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

How does OpenAI revenue compare to SpaceX? +

OpenAI reported 12700000000 arr revenue in 2025. SpaceX reported 15500000000 revenue in 2025. Revenue figures are sourced from TechStackIPO's company database and updated as new data becomes available.

Which is more likely to IPO first — OpenAI or SpaceX? +

OpenAI filed an S-1 in June 2026 and is actively in the IPO pipeline. SpaceX is currently already public. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.

How much has each company raised in total funding? +

OpenAI has raised $65.4B. SpaceX has raised $11.9B.

Are OpenAI and SpaceX in the same sector? +

OpenAI operates in Artificial Intelligence, while SpaceX operates in Aerospace & Defense.

What are the key differences between OpenAI and SpaceX as investments? +

OpenAI is a Artificial Intelligence company valued at $920.0B with $65.4B raised. SpaceX is a Aerospace & Defense company valued at ~$2.59T with $11.9B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.

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

Accredited investors can access pre-IPO shares in OpenAI 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.