SpaceX's IPO made history. The stock hit $165 in a week.

But the most important part of this story may not be the rockets.

It's Starlink. T-Mobile just enabled Starlink satellite connectivity on every iPhone and billions of phones are coming online for the first time.

Starlink sells them the connection. That's where its job ends. But every hour those people spend on their phones generates ad revenue - and someone has to collect it.

I found the company doing it. 490 million users. A billion dollars earned and saved. 32,481% revenue growth - enough to make it the #1 software company according to Deloitte's fastest growing companies list in 2023. $11.8 million in EBITDA in 2025. And it hasn't gone public yet.

Series A open at $0.52/share.

But on August 14, the opportunity to invest at this price closes — and it's gone after that.

Every previous round sold out. I don't expect this one to last either.

View the full offering before August 14 →

Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.

Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.

The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.

Pro forma revenue and EBITDA, includes full year numbers of the businesses acquired throughout 2025.