SpaceX Stock (SPCX): How to Buy Now That It Has Listed

The biggest IPO in history happened on June 12, 2026. SpaceX is now trading on the Nasdaq under the ticker SPCX. The IPO price was fixed at $135 per share. Day 1 opened at $150, up about 11% from the offer, and closed at $160.95, a 19% first-day gain. That close values Elon Musk's rocket company at roughly $2.1 trillion, slightly above Tesla.

Unlike a typical listing, SpaceX reserved about 30% of public shares for retail. The IPO allocation tranche through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE closed on June 11. Anyone with a US brokerage account that lists Nasdaq stocks can now buy SPCX on the open market, no minimum required, often with fractional shares for as little as a few dollars.

Below: the confirmed numbers, what actually happened on Day 1, how to buy SPCX from the United States via eToro and the major US brokers, and whether it is worth chasing at the current 19% to 33% premium over the IPO price.

Here are the official SpaceX listing figures, confirmed from the roadshow, the final pricing, and the first trading day.

Opening Pop and Steady Climb

SPCX opened at $150, an 11% jump from the $135 IPO price, then climbed through the session to close at $160.95. That is a 19% gain on Day 1, putting the market cap at roughly $2.1 trillion, just above Tesla and within range of the $3 trillion psychological threshold that only Apple, Microsoft, and Nvidia have crossed.

Record-Breaking Volume

More than 500 million shares changed hands on the first day, the second-largest IPO-day volume in Nasdaq history, behind only Facebook in 2012. With only 555.6 million shares in the public float, that means essentially every share traded at least once during the session, a clear sign of how much capital was waiting on the sidelines.

What It Means If You Buy Now

Buying SPCX today means paying a 19% to 33% premium over the $135 IPO price. The anti-flipping rules still apply for 180 days to anyone who got an allocation through Fidelity, SoFi, Robinhood, or the other participating brokers, so the early sellers cannot simply dump their shares. That props up the float in the short term, but it does not change the underlying valuation question.

SpaceX is the rocket and satellite company Elon Musk founded in 2002. It builds the Falcon and Starship rockets, runs the Starlink satellite internet network, and now controls roughly 90% of the commercial launch market worldwide.

The money side is a mixed picture. In 2025 it brought in $18.7 billion in revenue, up 33% from the year before, yet it still posted a net loss of $4.9 billion.

At about $1.77 trillion, this is the largest IPO ever attempted. To put that in plain terms, SpaceX would debut bigger than Tesla, the other Musk company most people know.

What makes it stranger is how little of the company is actually being sold. Those 555.6 million shares represent only around 4% of SpaceX. Musk keeps near-total control through a dual-class share structure, which matters for you as a future shareholder, and we'll come back to that later.

Normal IPOs hand the best shares to big institutions, and regular investors get the scraps. SpaceX flipped that script by reserving about 30% for individuals.

That is why demand was wild. The order book ran more than two times oversubscribed, with around $150 billion in orders chasing a $75 billion raise. By the time pricing closed on June 11, the retail tranche was fully exhausted. Many of the investors who requested an allocation through Robinhood, Fidelity, SoFi, Charles Schwab, or E*TRADE received only a partial fill or nothing at all.

SPCX has been freely trading on Nasdaq since June 12, 2026. Anyone in the United States with a brokerage account that lists US stocks can buy it directly on the open market, no minimum, no retail tranche, no allocation lottery.

The $135 IPO allocation tranche through Robinhood, Fidelity, Charles Schwab, SoFi, and ETRADE closed on June 11. Current market price has been moving between $160 and $180 in the first sessions after listing. If you want the simplest commission-free, fractional-share path, eToro is the most accessible international platform and is regulated in the US. The major US brokers (Robinhood, Fidelity, Charles Schwab, SoFi, ETRADE) also let you buy SPCX on the open market the same way you would any other Nasdaq stock.

The brokers below served IPO allocation requests in the days leading up to June 11. That window is closed. Today, all of them let you buy SPCX on the open market with no special access required, and most have no account minimum at all. Here is how they line up.

Want to skip the allocation lottery entirely and just buy SPCX on the open market? eToro is the most accessible international platform for SPCX, with commission-free trading on Nasdaq, fractional shares so you do not need a full $160-plus per share, and the live SPCX quote available from day one. Here is the four-step flow.

The open market is now the only way in. SPCX has been trading on the Nasdaq since June 12, and in the first sessions the price has ranged from $160 to $180 - a premium of 19% to 33% over the $135 IPO price. You are paying for the Day 1 pop.

This is the route everyone takes from here. If you are still building your toolkit, our roundup of the best investment apps for beginners walks through the platforms that make buying a single stock simple.

A few platforms offered SpaceX exposure before the listing, but they come with real catches. Secondary marketplaces like Hiive listed SpaceX stock around $832 per share earlier in 2026, far above the IPO price, and they open only to accredited investors.

You generally qualify as accredited with income above $200,000 a year ($300,000 with a spouse) or a net worth over $1 million excluding your home.

Crypto exchanges went a different way. BitMart, for example, offered a tokenized product called bSPCX, with 55,000 tokens priced near 145 USDT each. A token is not a share. It tracks the price but gives you no ownership, no voting rights, and no dividends, so we'd stick with real shares through a regulated broker.

If chasing an oversubscribed IPO feels stressful, you are not alone, and you have calmer options. A diversified fund spreads your money across many companies at once.

That is why so many beginners start with our guide on where to buy ETFs or a hands-off robo-advisor that builds the portfolio for you. SpaceX can be one small slice of a plan, not the whole plan.

The data from the first hours of trading confirmed almost everything that was predicted before listing: massive demand, a tiny float relative to interest, and a stock that climbed steadily through Day 1. Here is what stood out.

Most IPOs lock up insiders for a flat 180 days. SpaceX is doing something different, letting employees and early backers sell 20% of their shares just weeks after listing, once the first quarterly results land, with the full lockup ending around 180 days.

That staggered release matters because a wave of insider selling can pressure the price. It's worth knowing the calendar before you decide when to buy.

Here is where it gets interesting, because the experts flat out disagree. Some think $135 is already too rich. Others think it's the floor of a much larger story. We pulled the most-cited calls so you can see the full range, not just one side.

The table below lines up the major forecasts, from the most bearish to the most bullish, with what each one is really arguing.

Strip away the noise and the debate comes down to one question: do you trust the growth story enough to pay up for it today? Both sides have a real point, so here's the honest version of each.

If you're weighing SpaceX against the broader market, two of our guides give useful context: the best stocks to buy for ideas with longer track records, and our look at whether the stock market could crash so you size any new position with eyes open.

Around June 10, 2026, Senator Elizabeth Warren sent a letter urging the SEC to delay the offering. She argued the valuation outran the financials, the dual-class structure handed Musk outsized voting control, and accelerated Nasdaq-100 inclusion could force retirement and index funds to buy SpaceX whether their holders chose to or not.

What the SEC Did

The SEC did not stop the listing. The June 12 debut went ahead on schedule, and the market priced SPCX 19% above the offer on Day 1 - a clear signal that investors, at least in the short term, set the governance warnings aside. The SEC review focuses on disclosure transparency, not on whether a price is fair.

What Still Matters

We are flagging the governance points because they stay relevant if you plan to hold SPCX for years. The dual-class structure leaves Musk with 80%-plus voting power regardless of how many shares he sells publicly. That is a fact Day 1 trading does not change, and it is worth weighing before you size your position.