Commonwealth Fusion Stock: An IPO for the Greater Good?

Explore opportunities to invest in Commonwealth Fusion stock before the IPO date. Follow along as the company demonstrates its technology on the road to viable and scalable fusion energy.

Invest in pre-IPO startups like OpenAI, Databricks, Anduril, and Anthropic via the Fundrise Innovation Fund*. 

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Notable Commonwealth Fusion News

12/17/2024: CFS will build its first ARC fusion power plant in Virginia
06/06/2024: CFS Signs $15 Million DOE Agreement
12/01/2021: Commonwealth Fusion Systems Raises $1.8 Billion
05/26/2020: Commonwealth Fusion Systems Raises $84 Million
Older news…

About Commonwealth Fusion Systems

Commonwealth Fusion Systems (CFS) is a fusion energy startup founded in 2018 as a spin-off of MIT’s Plasma Science and Fusion Center.

The company aims to commercialize fusion energy using high-temperature superconducting (HTS) magnets and a tokamak (a donut-shaped device to confine plasma). The tokamak approach is one of the multiple methods scientists and private companies are deploying in the quest for scalable, low-cost fusion energy.

The company is building the SPARC (smallest possible, affordable, robust, compact) prototype as a proof of concept at its headquarters.

SPARC is a compact tokamak designed to demonstrate a net energy gain, paving the way for its planned ARC power plant in Chesterfield County, Virginia, near Richmond.

Headquartered in Devens, Massachusetts, not far from its MIT roots, the company has attracted substantial human talent and investment from venture capital and energy companies.

CFS stands out for its rapid progress, technological advancement, and partnerships. Competition with private fusion firms like Helion Energy, TAE Technologies, and Zap Energy adds urgency to the quest of nearly unlimited energy.

Commonwealth claims using a tokamak to recreate the energy produced by the sun is the most viable scientific method for net positive fusion energy. If successful, the tokamak approach could set a standard for fusion-energy technology in the future.

Having already secured its first power plant location, a successful demonstration of its design could give it a head start on other fusion startups and revolutionize clean energy by providing virtually limitless power with minimal environmental impact.

Here’s a technology progress update from December 2024:

Ownership

Commonwealth Fusion is a venture-backed startup. Equity owners include the founders, employees, and climate-focused venture capital firms. 

The company has raised more than $2 billion since its founding. The latest confirmed funding round was a Series B, announced in November 2021.

Prominent venture capital investors include Tiger Global Management, Breakthrough Energy (Bill Gates), Coatue, DFJ Growth, Emerson Collective, Footprint Coalition, GV, JIMCO, John Doerr, JS Capital, TIME Ventures (Marc Benioff), Senator Investment Group, The Engine, Equinor Ventures, Fine Structure Ventures, Future Ventures, Hostplus, Khosla Ventures, Lowercarbon, Moore Strategic Ventures, Safar Partners, Schooner Capital, Soros Fund Management, Starlight Ventures Devonshire Investors, Fidelity, and Temasek.

Funding Rounds

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Access IPO expects to see a new funding round soon. Despite a substantial fundraise in 2021, building SPARC and its first powerplant will require extraordinary capital.

Watch for a Commonwealth Fusion Systems Series C funding round in the next year or two.

Valuation 

The funding round announcements did not include a valuation. Considering its total funding, technology development, and comparisons against competitors, the Commonwealth Fusion valuation is estimated at about $2-$3 billion.

IPO Potential

The Commonwealth Fusion IPO date is unknown and unlikely to occur in the next several years.

The fusion industry is still multiple years away from viability. Companies have yet to demonstrate net positive energy gain, let alone profits from operations.

Commonwealth Fusion is selling its magnet technology, which may provide revenue before it can sell energy to the grid.

Bookmark this page for the latest developments.

How to Buy Commonwealth Fusion Stock

Since Commonwealth Fusion is a private company, becoming an equity owner today is challenging, especially since its technology remains unproven and has a modest valuation.

However, you can take action to position yourself for early equity ownership or acquire shares later during the IPO. 

Here are some possible ways to acquire shares before and after an IPO.

1. Access shares on pre-IPO investing platforms

Readers can monitor Commonwealth Fusion stock availability on pre-IPO investing platforms.

Shares may become available if early investors or employees want to cash out before an IPO (if that ever occurs).

This may become more likely if the company raises another round of venture capital, which is necessary to push forward the company’s progress. 

Accredited investors can watch pre-IPO investing platforms such as Hiive, Forge Global, Linqto, and EquityZen for Commonwealth Fusion share availability.

Investment minimums on these platforms range from $1,000 to $50,000 or more. 

Non-accredited retail investors can own pre-IPO companies like OpenAI, Databricks, and Anduril by investing in the Fundrise Innovation Fund (review).

However, you cannot select individual pre-IPO companies, and Commonwealth Fusion stock is currently not in the portfolio.

Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.

As companies mature, gain more shareholders, and delay their IPO due to macro conditions, more equity holders may seek liquidation before the IPO. 

2. Participate in the Commonwealth Fusion IPO

The Commonwealth Fusion IPO is several years away. It has not demonstrated a viable product and is not a viable company. 

When the time comes, or if investors are interested in other IPOs, there are ways to position yourself to participate in IPOs if the strategy can help you meet your investment objectives. 

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:

• TradeStation 
• Robinhood 

Brokers negotiate exclusive IPO share allocations to make available to retail investors.

Access to specific high-demand IPOs is usually limited by which brokerage accounts you have and what broker gets exclusive access. 

TradeStation has a longer track record of accessing more than 400 IPOs and secondary offerings via its partnership with Click Markets. 

But Robinhood has 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 Commonwealth stock after the IPO

Waiting for the IPO requires patience. Commonwealth Fusion’s IPO may never happen or be a decade or more away.

Therefore, pre-IPO investing is the best path forward for investors eager to invest in fusion startups. 

Retail investors may have advantages by waiting until after the IPO before owning stocks. 

IPOs allow investors to review financials via the S-1 filing. Pre-IPO investing has limited financials available. 

An IPO is a sign that the company is viable for the long term. Commonwealth Fusion has not yet demonstrated its ability to be a sustainable company. 

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 rise in early trading, then fall once quarterly earnings reports become available.

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. 

Frequently Asked Questions (FAQs)

Is Commonwealth Fusion Publicly Traded?

No. Commonwealth Fusion is not publicly traded. 

What is the Commonwealth Fusion Stock Price?

There is no public Commonwealth Fusion stock price yet. The company is private. 

The company completed its Series B funding round without announcing a share price.

Share price estimates are listed on the Hiive pre-IPO marketplace. However, not enough data is available to estimate a share price accurately. 

What is the Commonwealth Fusion Stock Symbol?

Commonwealth Fusion is a private company and is expected to be for some time. There is no Commonwealth Fusion stock symbol yet. 

Companies release their stock symbols along with their public SEC filings. 

Here is the most likely Commonwealth Fusion Systems ticker that is available in the U.S.:

• CFS

Where is the Commonwealth Fusion S-1 Filing?

Commonwealth Fusion will not likely start the IPO process in the next five years. So, you will not find any SEC filings relevant to an IPO. 

When the company makes progress with its technology and begins to generate revenue from its core business (energy generation), it may choose the public route.

If Commonwealth Fusion ever submits an 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. 

What does SPARC stand for?

The SPARC acronym means Smallest Possible, Affordable, Robust, Compact — referring to the fusion energy reactor in development. 

Commonwealth Fusion News Archive

06/27/2019: Commonwealth Fusion Systems Raises $115 Million

Conclusion

Commonwealth Fusion Systems is at the forefront of a decades-long fusion energy transition.

Yet its journey and chances of success remain uncertain, with abundant scientific and financial hurdles ahead.

Its high-temperature superconducting magnet technology and compact tokamak design present a compelling pathway to net-positive fusion energy, but commercialization is still years away.

The company’s substantial venture capital support underscores confidence in management, scientific approach, and MIT talent pipeline.

Substantial funding to date also highlights the immense capital requirements needed to reach viability.

With competition from other private fusion firms, the race to demonstrate a functional, cost-efficient, and scalable power plant is intensifying.

Commonwealth Fusion’s ability to generate revenue from its magnet technology may provide a crucial lifeline before achieving true fusion power.

For investors, early opportunities are limited to pre-IPO markets (and limited within), but if a public offering were to occur, it would signal a major milestone in the technology and company’s maturity.

If Commonwealth Fusion succeeds, it could redefine global energy production, making limitless, clean power an economic reality rather than a distant dream. Invest in Commonwealth Fusion stock with caution.