While some people are content to watch the stars from Earth, some companies are committed to literally bringing people closer to them. Axiom Space is working to construct the first commercial space station, leading some space enthusiasts to consider buying Axiom Space stock.
Once the stuff of science fiction, space business is booming -- and it's expected to continue doing so for many years. Business research firm McKinsey, for example, estimates that the valuation of the global space economy will soar from about $630 billion in 2023 to $1.8 trillion in 2035.
Distinguishing itself in 2020 as the only company with permission to attach a commercial module to the International Space Station, Axiom Space received an award from NASA for a contract valued at as much as $160 million to supply at least one habitable commercial module. In late 2024, Axiom Space reported that it had redesigned its module to facilitate its commercial space station, Axiom Station, to become an independent orbital platform as soon as 2028.
Is Axiom Space publicly traded?
As of late 2025, Axiom Space was a private company. Consequently, most retail investors hoping to procure a position in the company must seek other possibilities. Although it's not available in public markets, Axiom Space has completed several funding rounds to raise capital.
In 2023, the company reported that it secured $350 million during a Series C round of funding. With this round of funding complete, Axiom Space has raised more than $505 million from a variety of investors.
When will Axiom Space IPO?
Although there may be a number of investors interested in venturing into the final frontier with Axiom Space stock, the company hasn't disclosed any plans regarding a public offering as of late 2025 to hold an initial public offering (IPO). Although investors may be disappointed to find that Axiom Space isn't on the IPO calendar, there's a variety of other businesses intending to debut on public markets for the first time in 2025, providing investors with numerous options to buy IPO stocks.
Is Axiom Space profitable?
Unlike public companies that are required to regularly submit financial filings, privately-held companies like Axiom Space aren't held to the same standard, so investors don't have any insight into the company's financial health. That could change if the management decides to proceed with an IPO. If this occurs, Axiom Space will be required to submit Form S-1, at which point investors will have a better sense of the company's financial well-being.
The bottom line on Axiom Space
Striving to facilitate a greater human presence in space, Axiom Space has received growing attention from those looking to invest in the nascent space economy. But because the company isn't listed on major exchanges, it's likely too far out of reach for the majority of investors. They'll have to be content with watching the company's progress and hoping for management to pursue an IPO before they can reach for the stars with Axiom Space stock.
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