Spaceballs 2 is on its way, with Mel Brooks, Bill Pullman, Rick Moranis, and Daphne Zuniga reprising their roles

The Schwartz has been awakened! That's right: Writer-director Mel Brooks' cult classic Spaceballs is getting a sequel, 40 years after the sci-fi parody's original release. Jury's still out on whether it will be called Spaceballs 2: The The Search for More Money, as the original film joked.

Amazon MGM Studios announced the sequel will be arriving in theaters in 2027, with a video of Brooks himself discussing making more Spaceballs.

"After 40 years, we asked, 'What do the fans want?'" Brooks says. "But instead, we're making this movie."

The video also sends up just how drastically the franchise landscape has changed since Spaceballs' 1987 release. In an opening title crawl, the video reminds us that there are now three Star Wars trilogies, several spin-off TV shows, and a whole host of other massive franchises, like "36 MCU movies with two different Robert Downey Jr.'s."

So where will Spaceballs 2 fit into the world of franchises? Is it a sequel? A prequel? A reboot? According to its log line, it's actually "A Non-Prequel Non-Reboot Sequel Part Two but with Reboot Elements Franchise Expansion Film."

While Spaceballs 2's plot details are currently under wraps, there's still lots to get excited about. Brooks will be reprising the role of Yogurt, Spaceballs' Yoda stand-in who encourages hero Lone Starr (Bill Pullman) to use the Schwartz.

According to Deadline, Pullman is also set to return in Spaceballs 2, along with Rick Moranis, who played Spaceballs' villainous Dark Helmet. The role would mark Moranis' return to live-action films after a hiatus of 28 years. (Moranis did do voice work, like Brother Bear, as well as TV work during this time.) TheWrap reported that Daphne Zuniga, who played Princess Vespa, will be back for Spaceballs 2 as well.

On top of the returning Spaceballs cast members, Spaceballs 2 will star Keke Palmer. Josh Gad is also expected to star. Gad wrote the script alongside Benji Samit and Dan Hernandez. Josh Greenbaum (Will & Harper, Barb and Star Go to Vista Del Mar) will direct.

Spaceballs 2 hits theaters in 2027.

UPDATE: Jun. 13, 2025, 9:19 a.m. EDT This article has been updated to reflect the announcement that Daphne Zuniga is also starring in "Spaceballs 2."