SpaceX Confidentially Files, Energy Play Goes Public; More Defense Tech Joins IPO Pipeline

Street research is expected for three companies in the week ahead, and six lock-up periods will be expiring.

One IPO priced this past week, joined by one SPAC, and one major deal joined the pipeline.

The biggest news of the week came from the backlog, though: Elon Musk's SpaceX (SPACE) has

Renaissance Capital provides pre-IPO research to institutional investors and investment banks. The Firm manages two IPO-focused funds: The Renaissance IPO ETF (NYSE: IPO) and the Renaissance International IPO ETF (NYSE: IPOS). Individual investors can get a free overview of the IPO market on www.renaissancecapital.com, and try a free trial of our premium platform, IPO Pro (ipopro.renaissancecapital.com). Through Renaissance Capital's pre-IPO research service, institutional investors get an independent opinion, in-depth fundamental analysis, and customizable financial models on all IPOs.

HMH raised $210 million at an $880 million valuation, priced below midpoint, and ended its debut week down 6%.

TMCR's $292 million direct listing is backed solely by a 2% royalty on an unpermitted Pacific Ocean mining project, with no current revenue.

The Renaissance IPO Index is down 7.8% year-to-date, underperforming the S&P 500's 3.6% decline.