Sierra Space Stock: Will the Company IPO?

Explore opportunities to own Sierra Space stock before the IPO.

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Sierra Space News

04/10/2024: Sierra Space CEO talks of possible IPO in 2025
09/26/2023: Sierra Space Raises $290M Series B at $5.3 Billion Valuation
09/23/2022: Sierra Space weighs public offering
11/19/2021: Sierra Space Raises $1.4 Billion Series at $4.5 Billion Valuation

About Sierra Space

Sierra Space is a private aerospace company founded as an offshoot of the Sierra Nevada Corporation. It was launched separately to focus on space transportation, infrastructure, and technology.

The company’s flagship product is the Dream Chaser, a spaceplane designed to transport cargo and crew to the International Space Station and future-planned low-Earth orbit destinations.

Dream Chaser is notable for its reusability and capability to land on conventional runways.

Sierra Space is also developing Large Integrated Flexible Environments (LIFE), which are modular, inflatable space habitats intended for living and working in space.

The company is creating a commercial space ecosystem, which includes partnerships with NASA, Blue Origin, and other organizations. With Blue Origin, it plans to design and build the Orbital Reef low Earth orbit space station, competing with Axiom Space, which aims to accomplish similar space outposts.  

One of its critical long-term visions is to build space stations and habitats for both governmental and private use, contributing to future space tourism and industrialization and highlighting the potential for scientific experiments in microgravity labs.

Sierra Space envisions a future in space exploration, aiming to support missions to the Moon, Mars, and beyond while improving terrestrial life. 

Here’s a video showing the Sierra Space team testing the LIFE modular habitat on Earth: 

Ownership

Sierra Space is a venture-backed private company with connections to Sierra Nevada Corporation. 

Venture capital investors include MUFG Bank, Kanematsu, Tokio Marine & Nichido Fire Insurance, General Atlantic, Coatue, Moore Strategic Ventures, Sierra Holding Company, BlackRock Private Equity Partners, AE Industrial Partners, and Vice Family Trust.

Funding Rounds

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Valuation

The last confirmed Sierra Space valuation is $5.3 billion based on the September 2023 Series B funding round. 

IPO Potential

The Sierra Space IPO date is currently unknown. Though the company has secured customer contracts worth more than $3 billion, it is somewhat premature to be considering an IPO. 

In April 2024, CEO Tom Vice told CNBC the company was “getting its financials in a strong position ahead off a possible IPO as soon as next year [2025].”

We’ll start to look at [an IPO] as an option and make the decision depending on what the markets look like. But I think we’re very quickly becoming a company that has been able to demonstrate significant top line growth.

In September 2022, Sierra Space President Janet Kavandi told Reuters of an IPO:

It is one of many considerations. 

A year later, it raised a Series B private round. 

Space industrialization and commercialization are a multidecade trend that will be exciting to watch. However, viable business models may be elusive as companies invest billions to build and test technology that is safe and efficient enough to be deployed. 

Government contracts, private equity, and venture capital will continue to fund growth. But the long-term viability of companies like Axiom Space, SpaceX, and Relativity Space has yet to play out. 

That said, if the IPO markets heat up in the next few years and private companies can capitalize through public offerings, we may see a company like Sierra Space go public. 

This website will monitor Sierra Space over the coming years as it matures and becomes a viable company in the space economy.

Sierra Nevada Corporation, the company from which Sierra Space was spun off, has been private since 1964. 

Bookmark this page for the latest developments.

How to Invest in Sierra Space Stock

Since Sierra Space is a private company, it may be 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 Sierra Space pre-IPO via secondary marketplaces

Investors can monitor pre-IPO investing platforms such as Linqto, Forge Global, Hiive, and EquityZen for direct share availability. 

Investment minimums range from $2,500 to $50,000 on these platforms. It’s free to sign up for online access to pre-IPO data and deal alerts. 

The SEC requires direct pre-IPO investors to be accredited.

Non-accredited investors can own pre-IPO startups via venture capital funds like the Fundrise Innovation Fund, which has a $10 minimum investment, but it does not own Sierra Space at this time. 

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.

Check out our list of top pre-IPO investing platforms for current share availability. 

2. Participate in the Sierra Space IPO through a 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:

• TradeStation 
• Robinhood

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 400 IPOs and secondary offerings via its partnership with ClickIPO. 

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 Sierra Space stock after the IPO

Waiting for the IPO requires patience. There are advantages to 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. 

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.

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.

Frequently Asked Questions (FAQs)

Is Sierra Space stock publicly traded?

No. Sierra Space is a private company. 

What is the Sierra Space stock price?

There is no public Sierra Space stock price yet. The company is private. 

A stock price associated with the Series B funding round is not available. 

What is the Sierra Space stock symbol? 

Sierra Space is still a private company, so Sierra Space has no stock symbol yet. 

Here are a few Sierra Space ticker suggestions that appear to be available in the U.S.: 

• SRRA
• SIRA
• SIER

Where is the Sierra Space IPO S-1 Filing?

Sierra Space is not likely to start the IPO process by filing S-1 paperwork while focusing on business execution. 

Successful deployment of space infrastructure products and revenue growth will indicate progress toward a public offering.

We’ll post it here when the company submits the S-1 filing and releases it to the public.

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. Companies may need to be more mature before becoming available to public stock 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 Sierra Space stock is on your radar, good luck. Invest in pre-IPO and IPO companies with caution.

Read more: Space Startups Ready to Launch

* 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 HOOD and the Fundrise Innovation Fund.