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Stoke Space

100% reusable rockets for seamless mobility to, through, and from space
Stoke Space is developing Nova, a fully and rapidly reusable medium-lift launch vehicle designed to provide high-frequency access to orbit. The company's pioneering approach uses an actively cooled metallic heat shield integrated with the upper-stage engine, enabling both stages to be reused. Stoke aims to reduce the cost of access to space by 20x and support dynamic space operations including satellite deployment, asset capture and return, and space debris removal.
Space / Defense 📍 Kent, Washington Founded 2019
Current Valuation
$10B
as of 2026-Q3
DECACORN

QL Price

$11B
+8% vs last round
QuantLogix's current estimate for Stoke Space, published 2026-10-08 — above the last disclosed round of $10B (2026-Q3).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $10B 2026-Q3 weight 0.98
Secondary market print $12B 2026-06-27 weight 0.54
How this price has held up
No round has priced for Stoke Space since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-08 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Stoke Space →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Stoke Space, 2026-10-08 (3c69cc47997be65a). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Stoke Space going public?
No. Stoke Space is private and has not filed to go public. There is no S-1 on file.
What is Stoke Space's valuation in 2026?
Stoke Space is valued at $10B as of 2026-Q3, set by its Series E ($1.0B, Sep 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Stoke Space filed an S-1?
No public S-1 is on file for Stoke Space.
Who are Stoke Space's investors?
Stoke Space's investors include US Innovative Technology Fund (USIT), 776 Capital (Seven Seven Six), Breakthrough Energy Ventures, Glade Brook Capital Partners, Industrious Ventures, NFX and 22 more.
How much has Stoke Space raised?
Stoke Space has raised $2.3B in total across 2 disclosed rounds, most recently a Series E of $1.0B in Sep 2026.
Is Stoke Space publicly traded — can you buy Stoke Space stock?
No. Stoke Space is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Stoke Space on its Pre-IPO Access Desk.
How to actually get exposure to Stoke Space →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Andy Lapsa
Founded
2019
HQ
Kent, Washington
Employees
251-500
Total Raised
$2.3B
Growth
Pre-revenue and pre-first-launch; the Sep 2026 Series E initial close of $1B lifted the mark from $3.419B (Feb 2026) toward a reported ~$10B on $2.3B of total capital, with a debut orbital flight targeted for early 2027
Last Round
Series E — $1.0B (Sep 2026) · Lead: Point72 Ventures / Spark Capital
IPO Status
Private

Fundraising Status

Series E · $1.0B · 1 mo ago
PrivateTotal raised $2.3B2 disclosed rounds

Series E Impact

Round Size
$1.0B
Primary financing announced
Post-Money Valuation
$10B
Company-announced mark
Round / Post-Money
10.0%
New capital ÷ post-money
Disclosed Funding
$2.3B
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.

Secondary Market

Implied price / share
$60.51
Last round price / share
$49.92
vs last round
+21.2%
Open interest
9
Last round price vs secondary price
Last round vs current secondary price per share$49.92Last round$60.51Current
Secondary price return by period
Secondary market period returns3-month+53.9%6-month+78.5%1-year+216%All-time+142%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Growth & Valuation

Capital raised per round
Capital raised per funding round$350MSeries D-2$1.0BSeries E
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.

Funding History

RoundAmountDateLead InvestorPost-Money
Series E$1.0BSep 2026Point72 Ventures / Spark Capital$10B
Series D-2$350MFeb 2026——

Vertical Intelligence — Defense / Aerospace

Federal awards
4
prime contracts, last 36 months
Obligated
$5.53M
top: Department of Defense
Largest award
$5M
Department of Defense
Latest award
2025-12-29
Largest award: NATIONAL SECURITY SPACE LAUNCH (NSSL) PHASE 3 LANE 1 LAUNCH SERVICES PROCUREMENT (FA881125FB006)
Name-verified against recipient "STOKE SPACE TECHNOLOGIES, INC." on USASpending.gov as of 2026-10-04. Prime awards only — subcontracts and classified work are not visible in the public registry. Verify on USASpending.gov ↗

Talent Signal

Hiring trend
▶ Hiring steady
32% of roles posted in last 30d
Open roles
69
via greenhouse
Product-build share
62%
engineering, research, product, design
Trajectory
steady
product-led hiring — 62% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month69Sep '26
Open roles by function
Open roles by functionEngineering21Other17Hardware15Ops & People5Design4Security2Legal & Policy1Data & ML1Finance & Strategy1
■ product-building   ■ go-to-market / G&A
Additive Manufacturing EngineerAvionics Integration TechnicianAvionics - Stage Integration & Test EngineerConstruction & Infrastructure EngineerDesign Reliability Engineer - System SafetyDynamic Environments Engineer
Counted from Stoke Space's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Andy LapsaTom Feldman

Investors

US Innovative Technology Fund (USIT) · 776 Capital (Seven Seven Six) · Breakthrough Energy Ventures · Glade Brook Capital Partners · Industrious Ventures · NFX · Sparta Group · Toyota Ventures · Woven Capital · Washington Harbour Partners · General Innovation Capital Partners · Silicon Valley Bank · Point72 Ventures · Y Combinator · Spark Capital · Leitmotif · University of Michigan · Long Journey Ventures · Alameda Research · Global Founders Capital · MaC Venture Capital · Liquid 2 Ventures · Trevor Blackwell · Charlie Songhurst · Kyle Vogt · Soma Capital · In-Q-Tel · US National Science Foundation

Products

  • Nova (fully reusable medium-lift launch vehicle)
  • Nova Pathfinder (first orbital flight, targeted early 2027)
  • Nova Block 2 (15 t to LEO in a 5 m fairing, targeted 2029)
  • Zenith (full-flow staged combustion engine)
  • Andromeda 2 (upper-stage rocket engine)
  • Actively cooled metallic heat shield

Competitors

SpaceX · Rocket Lab · Blue Origin · Relativity Space · Firefly Aerospace · United Launch Alliance (ULA)
AerospaceReusable rocketsSpace launchMedium-lift launch vehicleSpace technologyNational security spaceDeep techHardware
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.