Explore potential ways to acquire Axiom Space stock before the IPO. Get access to select pre-IPO companies at Equitybee.
What is Axiom Space?
Axiom Space is an orbital infrastructure company that aims to build and maintain the first commercial space station.
Between 2025 and 2030, Axiom Space will launch up to three space modules that will initially connect to the International Space Station (ISS), eventually becoming a self-sustained space station when the ISS is retired.
Michael Suffredini and Kam Ghaffarian founded Axiom Space in 2016.
Suffredini was a program manager at NASA for the ISS from 2005 to 2015.
Ghaffarian is an entrepreneur and former NASA contractor. He sold his former company, Stinger Ghaffarian Technologies, to KBR in 2018.
The partners saw an emerging opportunity to build on the viability of commercial space exploration.
It subsequently won multiple contract awards from NASA, including $140 million to build the first Axiom space station segment and $228 to develop a next-generation astronaut space suit for the Artemis III moonwalk.
Axiom Space has also raised about $150 million in venture capital funding.
The company has completed the first of four planned crewed missions to the ISS in partnership with SpaceX. The team finished the AX-1 mission successfully in April 2022.
The next missions are estimated to complete during the following timeline. Note that space missions are often delayed:
- AX-2 — Q2, 2023
- AX-3 — Late 2023
- AX-4 — 2023 or 2024
These missions aim to “lay the groundwork and establish key capabilities for the future Axiom Station” and expand human capabilities for deep space exploration.
A potential IPO could help raise funds to support these efforts.
Here’s a video montage of the AX-1 mission:
Axiom Space headquarters on in Houston, Texas.
Is Axiom Space Stock Publicly Traded?
No. Axiom Space is a private company.
Who Owns Axiom Space?
Axiom Space is a venture-backed private company. Equity owners include founders, employees, and 20+ venture capital firms.
The company has raised $150 million since 2018.
Two significant NASA contract awards have funded much of the company’s operations.
Axiom Space venture capital investors include C5 Capital, Declaration Partners, Drake Management, Bossanovos Investimentos, Evolution VC Partners, Helios Capital, Hemisphere Ventures, IBX, Invariantes Fund, Moelis & Company, Prime Movers Lab, Sand Hill Angels, Aidenlair Capital, Moelis Dynasty Investments, Starbridge, TQS Advisors, The Venture Collective, and Washington University in St. Louis.
Axiom Space Valuation
A February 2021 funding round estimates the Axiom Space valuation at about $730 million.
When is the Axiom Space IPO Date?
The Axiom Space IPO date is currently unknown and unlikely in the next three years.
The company has completed only one of four research missions to the ISS.
Though it is in the process of building its first space station module, it is a long road ahead before the company has a presence in space, let alone becomes a profitable company.
Axiom Space is likely many years from being profitable. Any income or grants it receives from customers or the government will be reinvested into the business for growth.
Additional venture capital funding rounds may accelerate interest in an Axiom Space IPO. Media coverage of the private space station may increase retail investor interest.
However, the company remains a sub $1 billion company, so there is room to grow.
Growth opportunities include offering space flight packages to customers, including planning, astronaut training, and access to an orbiting facility.
For example, NASA is working with Axiom and Tom Cruise regarding a movie in the works to be filmed inside an Axiom-built space module.
Bookmark this page for the latest developments.
What is the Axiom Space Stock Price?
There is no Axiom Space stock price yet. The company is private.
What is the Axiom Space Stock Symbol? Axiom Space Ticker?
Axiom Space is still a private company, so there is no Axiom Space stock symbol yet.
Here are a few Axiom Space ticker suggestions that appear to be available in the U.S.:
- AS
- AXM
- AXOM
How to Invest in Axiom Space Stock (Now and Later)
Since Axiom Space is a private company, it is challenging to become an equity owner today.
However, you can take action to improve your chances of early equity ownership or acquire shares later during the IPO.
Here are three possible ways to acquire shares before and after an IPO.
1. Access Shares on Pre-IPO investing platforms
The author has seen evidence of pre-IPO investing platforms based in the U.S. gauging interest for an Axiom Space investment opportunity.
Shares may become available via direct investment or through pre-IPO startup funds.
Investment opportunities become more likely when the company raises additional rounds of private capital.
Axiom Space has not accessed private capital as frequently as other high-profile space companies such as SpaceX and Relativity Space.
The SEC requires pre-IPO investors to be accredited, meaning a net worth above $1 million (not including primary residence) or an income above $200,000 (or $300,000 with a spouse).
Check out our list of top pre-IPO investing platforms for current share availability.
Investors can monitor pre-IPO investing platforms such as Equitybee, Forge Global, Linqto, and EquityZen for share availability.
If shares become available, expect to pay at least a $10,000 investment minimum. It’s free to sign up for online access to pre-IPO data and deal alerts.
Retail investors can bypass the accreditation requirement to own pre-IPO companies by owning the ARK Venture Fund via Titan Invest.
However, you cannot select individual pre-IPO companies, and Axiom Space is currently not in the portfolio.
As companies mature, gain more shareholders, and approach a potential IPO, more equity holders may seek liquidation before the IPO.
2. Buy stock during IPO through a participating broker
IPO investors may seek opportunities to invest during the IPO if and when it arrives. That means acquiring shares at the IPO price the night before the company begins trading.
But it takes some upfront homework.
IPO access has become more attainable to retail investors in the past few years.
The following online brokers give customers free access to IPOs, even with low account balances:
Brokers often negotiate exclusive IPO share allocations available to retail investors.
Access to specific high-demand IPOs may be limited by which brokerage accounts you have and what broker gets exclusive access.
TradeStation has a longer track record of accessing more than 200 IPOs and secondary offerings via its partnership with ClickIPO.
But Robinhood and SoFi Invest have the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs.
Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.
3. Buy Axiom Space stock after the IPO
Waiting for the IPO requires patience. There are advantages to waiting until after the IPO before owning stocks.
Axiom Space may take extra patience, as the company is unlikely to IPO until it operates in orbit.
IPOs allow investors to review financials via the S-1 filing. Pre-IPO investing has limited financials available.
IPO stock prices typically rise with high-demand companies. You can benefit if you’re in early and sell when the price overheats.
Many IPOs start with an immediate price increase (“the pop”). Then the stock falls once quarterly earnings reports become available.
In 2021, for example, both Rivian and Robinhood became high-flying IPO stocks. But six months after the IPO, both stocks were more than 80% below their price peak.
Stock price declines after IPOs can be excellent entry points.
Avoid buying overvalued shares immediately after the IPO. Shares often fall after the IPO due to lockup expirations and quarterly earnings disappointments.
However, the most disruptive companies will be higher in a decade. Patience pays.
Buy post-IPO stocks with any online broker. My favorite is M1 Finance, which is the best for long-term buy-and-hold investors.
M1 Finance does not provide IPO access.
Where can I find the Axiom Space IPO S-1 Filing?
Axiom Space is not likely to start the IPO process by filing S-1 paperwork while focusing on business execution.
Successful deployment of its space modules and revenue growth will indicate progress toward a public offering.
When the company submits the S-1 filing and releases it to the public, we’ll post it here.
In the meantime, you can check out the most recent S-1 filings in our S-1 filings feed.
Conclusion
Retail investors get excited about extraordinary macroeconomic trends (space exploration).
However, buying the stock early on can often prove difficult for retail investors. Companies may need to be more mature before becoming available to non-accredited investors.
Though pre-IPO investing platforms have opened more opportunities, private equity investing is still primarily reserved for accredited investors because of the added risk.
It’s usually challenging to acquire shares before the IPO.
If you pursue IPO shares and early equity, maintain reasonable expectations.
If Axiom Space stock is on your radar, good luck. Invest in pre-IPO and IPO companies with caution.
* Disclosure: The web page contains affiliate links from our partners. If a reader opens an account or buys a service from a link in this article, we may be compensated at no additional cost to the reader. Opening an account with a broker that provides access to IPOs does not guarantee the customer allocations of specific IPOs. The author is long RIVN, and HOOD.
Featured photos courtesy Axiom Space
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