How to Invest in SpaceX in Australia (2026): Stock Price, Q3 Earnings & Buying Guide

SpaceX officially went public in June 2026, completing one of the largest initial public offerings (IPOs) in US stock market history. The company now trades on the Nasdaq under the ticker symbol SPCX, giving Australian investors an opportunity to buy shares in Elon Musk's space exploration, satellite connectivity and artificial intelligence business.

Following its historic IPO, SpaceX has attracted significant attention from investors looking to gain exposure to Starlink, Starship and the company's rapidly expanding AI operations.

On 20 October 2026, SpaceX reported stronger-than-expected third-quarter earnings, with revenue increasing 161% year-on-year to approximately US$14.6 billion. The results helped lift SPCX shares in after-hours trading, although concerns about valuation and heavy capital expenditure remain.

So, how can you buy SpaceX stock in Australia, and is SPCX worth considering after its latest earnings?

This guide explains the latest SpaceX share price, Q3 2026 financial results, how to buy SPCX shares from Australia, the difference between owning shares and trading CFDs, and the major opportunities and risks investors should understand.

SpaceX shares closed at US$147.79 on 20 October 2026, edging down during the regular US trading session before rising in after-hours trading following the release of the company's third-quarter earnings.

The stock remains above its US$135 IPO price but below the highs reached shortly after its June market debut.

SpaceX Stock: Key Facts

SpaceX's third-quarter results marked an important milestone following its June IPO.

For the quarter ended 30 September 2026, the company reported:

Source: SpaceX Q3 2026 earnings release and SEC filing dated 20 October 2026. 

1. Starlink Continues to Expand

Starlink remains one of SpaceX's most important businesses.

The satellite internet service provides connectivity to households, businesses, airlines, maritime operators and government customers across multiple markets.

By the end of September 2026, Starlink had approximately 13.6 million consumer subscribers, up from around 7.2 million a year earlier.

SpaceX's Connectivity segment generated approximately US$5.25 billion in quarterly revenue, supported by subscriber growth and increasing adoption among enterprise and government customers.

However, subscriber growth does not necessarily translate into higher revenue per customer.

As Starlink expands into more price-sensitive markets, lower-priced plans and competitive pressure could affect average revenue per user.

2. Artificial Intelligence Is Becoming a Major Growth Driver

SpaceX's Super Intelligence segment has emerged as a major contributor to the company's revenue growth.

The business includes AI infrastructure, computing services and software operations associated with technologies such as Grok.

In Q3 2026, Super Intelligence generated approximately US$7.56 billion in revenue, representing an increase of around 830% from the previous year.

Growth was supported by cloud-computing agreements, additional computing capacity and expansion in AI-related services.

This gives SpaceX exposure to two major investment themes: space infrastructure and artificial intelligence.

Nevertheless, AI infrastructure requires substantial spending on computing equipment, data centres, energy and supporting technology.

Investors should therefore consider whether future revenue and operating cash flow can justify the company's high investment requirements.

3. Starship Remains a Long-Term Opportunity

Starship is central to SpaceX's ambition to reduce launch costs and expand access to space.

The company is developing the reusable rocket system to support larger satellite deployments, future commercial missions and other space infrastructure projects.

During the third quarter, SpaceX reported progress in deploying next-generation Starlink satellites using Starship.

If the programme achieves reliable, repeatable operations, it could improve the economics of satellite deployment and support future growth.

However, Starship remains a technically complex and capital-intensive programme. Development delays, operational failures or regulatory restrictions could affect the company's financial outlook.

Now that SpaceX has officially listed on the Nasdaq under the ticker SPCX, Australian investors can buy SpaceX stock just like any other U.S.-listed company. Following the company's record-breaking IPO in June 2026, retail investors can gain exposure either by purchasing real SpaceX shares through an international stockbroker or by trading SpaceX CFDs through a regulated CFD platform.

For most Australian investors, the process is straightforward and can be completed in a matter of minutes.

Step 1: Choose a Broker

The first step is selecting a platform that offers access to U.S. markets. Generally, Australian investors have two options:

Buy Real SpaceX Shares: Suitable for long-term investors who want to own the stock directly.

Popular choices include: Interactive Brokers; eToro   

Trade SpaceX CFDs：Suitable for short-term traders looking to speculate on price movements without owning the underlying shares.

Popular CFD brokers include: Mitrade; IG Markets

Step 2: Open and Verify Your Account

Australian financial regulations require brokers to verify your identity before you can trade.

Step 3: Fund Your Account

Once approved, deposit funds into your trading account. Because SpaceX trades on the Nasdaq in U.S. dollars, some brokers will automatically convert Australian dollars (AUD) into USD when you place a trade.

Step 4: Search for SpaceX Stock (SPCX)

After funding your account, search for:

Ticker Symbol: SPCX 

SpaceX began trading on Nasdaq on 12 June 2026 following its historic IPO. Investors who missed the IPO allocation can now purchase shares directly on the open market through participating brokers.

Step 5: Choose Your Order Type

Most brokers offer several ways to buy SpaceX stock.

Market Order: A market order buys shares immediately at the best available price.

Limit Order: A limit order allows you to set the maximum price you're willing to pay.

Many experienced investors prefer limit orders when buying newly listed stocks because price swings can be significant during the first few weeks after an IPO.

Open a Trading Account

      “Trade SpaceX Stock with an ASIC-regulated broker. Fast AUD funding via PayID. ”  

Another development attracting investor attention in October 2026 is speculation about a potential merger involving SpaceX and Tesla.

Reports indicate that the companies have established special committees to examine a possible transaction.

However, no definitive merger agreement had been announced as of 20 October 2026.

A potential combination could raise questions about the integration of AI, robotics, computing infrastructure, energy systems and space-related technologies.

Supporters may view these areas as complementary, particularly given Elon Musk's involvement in both companies.

However, a merger would also create substantial uncertainty.

Important considerations include:

• The proposed valuation of each company

• Whether shareholders would receive cash, shares or another form of consideration

• Potential dilution of existing shareholders

• Regulatory and corporate governance requirements

• The integration of different business operations

• The financial impact of additional capital expenditure

Investors should not assume that a merger will occur or that it would necessarily increase shareholder value.

Any investment decision should be based on confirmed company disclosures rather than speculation.

Predicting SpaceX's future share price is difficult, particularly following its recent IPO and rapid expansion into capital-intensive AI infrastructure.

Rather than relying on a single price target, investors may find it more useful to consider several possible scenarios.

Bullish Scenario: Earnings Growth Continues

In a bullish scenario, SpaceX continues to expand its AI and connectivity businesses while improving profitability and cash generation.

Potential positive catalysts include:

• Continued growth in Starlink subscriptions and enterprise contracts

• Strong demand for AI computing infrastructure

• Improved returns on capital expenditure

• Successful Starship development milestones

• Better-than-expected earnings and cash flow

These developments could support investor confidence and potentially higher valuations.

Base Scenario: Growth Remains Strong but Spending Stays Elevated

Under a more moderate scenario, SpaceX continues to deliver revenue growth but faces pressure from high infrastructure spending.

Investors may remain cautious about the timing of future cash flow and the sustainability of profit margins.

The share price could remain volatile as the market reassesses growth expectations after each quarterly earnings report.

Bearish Scenario: Costs and Valuation Pressure Weigh on Shares

In a bearish scenario, SpaceX experiences slower growth, higher-than-expected spending or setbacks in major projects.

Potential negative catalysts include:

• Weaker demand for AI computing services

• Lower Starlink revenue per subscriber

• Starship development delays

• Higher financing costs

• Regulatory restrictions

• Lower valuation multiples for growth stocks

Under these conditions, SPCX shares could decline substantially.

What Should Australian Investors Watch?

Key developments to monitor include future quarterly earnings, AI infrastructure spending, Starlink subscriber growth, Starship milestones, the company's free cash flow and any confirmed corporate transaction involving Tesla.

Changes in the AUD/USD exchange rate may also affect returns for investors based in Australia.

* These scenarios are illustrative, not share-price predictions or investment recommendations.

Australian investors should understand the difference between purchasing SpaceX shares and trading contracts for difference.

Although both products may provide exposure to changes in a company's share price, they operate differently.

Buying SpaceX Shares

When you buy actual SpaceX shares through a stockbroker, you acquire an ownership interest in the company, subject to the broker's custody arrangements.

Your investment value rises or falls with the market price of the shares.

If you purchase shares without borrowing, your maximum market loss is generally limited to the amount invested, excluding fees and other costs.

Trading SpaceX CFDs

A contract for difference is a derivative that allows traders to speculate on the price movement of an underlying asset without owning it.

CFDs may allow traders to take long or short positions and use leverage.

However, leverage magnifies both gains and losses. Overnight financing charges, spreads and sudden price movements can also affect trading outcomes.

Open a Trading Account

      “Trade SpaceX Stock with an ASIC-regulated broker. Fast AUD funding via PayID. ”  

SpaceX's June 2026 IPO marked a major milestone for the global aerospace and technology industries.

Its third-quarter earnings demonstrated rapid revenue growth, expanding AI operations and continued momentum in Starlink's satellite connectivity business.

For Australian investors, the company's Nasdaq listing provides a direct way to gain exposure through brokers offering US shares.

However, SpaceX's valuation, significant capital expenditure and share-price volatility mean that strong business growth does not automatically make its shares a suitable investment.

Before buying SPCX stock, investors should consider their investment objectives, understand the risks of US-listed equities and account for potential currency movements.

Those interested in CFDs should also understand that derivative trading differs fundamentally from share ownership and can involve substantial losses.

Learn more about share CFD trading and explore the markets available on Mitrade Australia.

       

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