How to Invest in SpaceX in Australia (2026): How to Buy SpaceX Stock After the Historic IPO

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The wait is finally over. After years of speculation and investor anticipation, SpaceX officially went public in June 2026, completing one of the largest and most closely watched IPOs in market history.

Since its IPO, interest in SpaceX stock (SPCX) has surged among retail and institutional investors worldwide. In this guide, we'll explain everything Australian investors need to know about SpaceX stock, including the company's historic IPO, how to buy SpaceX shares, the best brokers to use, and what could drive the stock higher in the years ahead.

What Is SpaceX?

SpaceX, officially known as Space Exploration Technologies Corp., is one of the world's most innovative aerospace and technology companies. Founded in 2002 by entrepreneur and billionaire Elon Musk, the company was created with an ambitious mission: to reduce the cost of space travel and eventually make life multi-planetary.

Over the past two decades, SpaceX has transformed the global space industry by developing reusable rockets, launching thousands of satellites, and securing billions of dollars in government and commercial contracts. What began as a private aerospace startup has evolved into a global leader in space transportation, satellite communications, and deep-space exploration.

Following its historic 2026 initial public offering (IPO), SpaceX stock has become one of the most closely watched investments in the market. Many investors see the company as a potential long-term growth story similar to Tesla's early years, driven by its dominant position in the rapidly expanding space economy.

Company Overview 

Item

Details

Company Name

Space Exploration Technologies Corp. (SpaceX)

Founded

2002

Founder

Elon Musk

Headquarters

Hawthorne, California, United States

Industry

Aerospace & Defense

Ticker Symbol

SPCX

IPO Year

2026

Core Businesses

Launch Services, Satellite Internet, Space Exploration

SpaceX's Main Business Segments

SpaceX generates revenue from several fast-growing business divisions, making it much more than just a rocket company.

Falcon Launch Services

The company's Falcon 9 and Falcon Heavy rockets are among the most frequently used launch vehicles in the world. Their reusable design has significantly reduced launch costs and enabled SpaceX to dominate the commercial launch market.

Today, SpaceX launches satellites, scientific missions, military payloads, and cargo missions for both government agencies and private companies around the globe.

Starlink Satellite Internet

Starlink has become one of SpaceX's most valuable assets. The satellite internet network consists of thousands of low-Earth orbit satellites designed to provide high-speed internet access worldwide.

With millions of subscribers across multiple continents, Starlink is increasingly viewed as a major growth engine for SpaceX. Many analysts believe the business could eventually generate more revenue than the company's launch operations.

Dragon Spacecraft

SpaceX developed the Dragon spacecraft to transport cargo and astronauts to space. Dragon missions have become a critical part of NASA's operations and represent a major milestone in the commercialization of human spaceflight.

Starship Program

Starship is SpaceX's next-generation fully reusable spacecraft designed for missions to the Moon, Mars, and beyond. If successful, Starship could dramatically lower the cost of space transportation and unlock entirely new commercial opportunities in space tourism, cargo transport, and planetary exploration.

SpaceX IPO: What Happened in 2026?

After years of speculation, SpaceX finally became a publicly traded company in June 2026, marking one of the most significant events in stock market history.

The company priced its initial public offering (IPO) at $135 per share, raising approximately $75 billion, making it the largest IPO ever completed in the United States. The offering valued SpaceX at roughly $1.77 trillion before trading began, instantly placing it among the world's most valuable publicly traded companies.

SpaceX shares began trading on the Nasdaq under the ticker symbol SPCX on June 12, 2026. Investor demand proved exceptionally strong, with the stock opening at $150, around 11% above the IPO price. During its first trading session, shares climbed as high as $176.52 before closing at $160.95, representing a gain of nearly 19% from the IPO price.

By June 15, SpaceX's market value had surged beyond $2 trillion, making it one of the largest publicly listed companies in the world and one of the most valuable technology businesses ever to debut on public markets.

SpaceX IPO Highlights 

Item

Details

IPO Date

June 12, 2026

Ticker Symbol

SPCX

IPO Price

$135 per share

Capital Raised

$75 Billion

Initial Valuation

$1.77 Trillion

Exchange

Nasdaq

First Day Open

$150

First Day Close

$160.95

Peak First-Day Price

$176.52

Market Cap (June 15, 2026)

Over $2 Trillion

The IPO was also unusual because Elon Musk chose to set a fixed IPO price well before the offering, bypassing some of Wall Street's traditional pricing practices. This approach generated significant media attention and reinforced SpaceX's reputation for challenging industry norms.

For many investors, the SpaceX IPO was more than just another stock market debut—it represented the first opportunity to directly invest in one of the most influential private companies of the past two decades.

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Why Investors Were Waiting for the SpaceX IPO

SpaceX Stock Price Chart

Few companies in modern history have generated as much anticipation before going public as SpaceX.

For years, retail investors watched the company's valuation climb through private funding rounds while remaining inaccessible to the public. Unlike many venture-backed startups, SpaceX had already established itself as the dominant force in commercial space launches, making its eventual IPO one of the most anticipated listings of the decade.

Several key factors explain why investors were eager to buy SpaceX stock.

1. Dominance in the Global Space Industry

SpaceX revolutionized the aerospace industry through reusable rocket technology, significantly reducing launch costs and increasing launch frequency.

Today, the company leads the global commercial launch market and maintains long-term relationships with NASA, the U.S. Department of Defense, and major commercial satellite operators. Many investors view SpaceX as the clear market leader in an industry expected to expand rapidly over the next several decades.

2. The Massive Growth Potential of Starlink

While many people associate SpaceX with rockets, a growing number of analysts believe that Starlink could ultimately become the company's most valuable business.

Starlink operates one of the world's largest satellite internet networks and serves millions of customers globally. Because the business generates recurring subscription revenue, investors see it as a more predictable and scalable growth engine than launch services alone.

3. Exposure to Multiple High-Growth Industries

SpaceX offers investors exposure to several powerful long-term trends simultaneously:

  • Commercial space exploration

  • Satellite communications

  • Defense technology

  • Artificial intelligence infrastructure

  • Global internet connectivity

  • Deep-space transportation

Very few publicly traded companies provide access to such a broad range of future-growth sectors.

4. The "Next Tesla" Narrative

Many investors viewed SpaceX as a potential repeat of Tesla's extraordinary growth story.

Like Tesla before it, SpaceX is led by Elon Musk, operates in a highly disruptive industry, and pursues ambitious long-term goals that many competitors struggle to match. This comparison helped fuel significant demand from both institutional and retail investors ahead of the IPO.

5. A Rare Opportunity to Invest in the Future Space Economy

According to multiple industry forecasts, the global space economy could exceed several trillion dollars in value over the coming decades.

SpaceX is widely considered one of the companies best positioned to benefit from this growth through its launch services, Starlink network, Starship program, and future Mars exploration initiatives.

For investors seeking exposure to the next generation of technological innovation, the SpaceX IPO represented a rare opportunity to own a stake in a company that could help shape the future of transportation, communications, and space exploration.

How to Buy SpaceX Stock in Australia

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.

       
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SpaceX Stock Forecast: What Could Happen Next?

While no one can predict future stock prices with certainty, SpaceX's long-term performance will likely depend on the success of Starlink, Starship, launch services, and the company's ability to maintain its leadership in the rapidly expanding space economy.

Below are several possible scenarios for SpaceX stock over the coming years.

Bull Case: Why SpaceX Stock Could Continue to Rise

Many bullish investors believe SpaceX is still in the early stages of a long-term growth story.

  • Starlink Could Become a Trillion-Dollar Business

One of the biggest drivers behind the bullish case is Starlink.

The satellite internet network already serves millions of customers worldwide and continues expanding into new markets. Unlike rocket launches, Starlink generates recurring subscription revenue, providing a more stable and predictable income stream.

If Starlink continues gaining subscribers globally, it could eventually become one of the largest telecommunications networks in the world.

  • The Global Space Economy Is Growing Rapidly

According to various industry forecasts, the global space economy could exceed $1 trillion annually within the next decade.

As demand for space infrastructure grows, SpaceX could capture a significant share of this expanding market.

  • Starship Could Unlock New Revenue Streams

Starship remains one of the most ambitious projects ever undertaken by a private company. Successful commercialization of Starship could significantly increase SpaceX's future valuation.

  • Potential Inclusion in Major Stock Indices

Following its IPO, SpaceX may eventually qualify for inclusion in major benchmarks such as:

If this occurs, passive investment funds and ETFs would be required to purchase shares, potentially creating additional demand for the stock.

Base Case: Steady Growth with Periodic Volatility

A more balanced outlook assumes SpaceX continues growing while facing normal business and market challenges.

Under this scenario:

  • Starlink subscriber growth remains strong

  • Launch revenue continues expanding

  • Government contracts increase gradually

  • Profitability improves over time

However, investors should expect significant volatility as the market adjusts to SpaceX's public-company valuation.

This outcome could resemble the early years of companies such as Amazon or Tesla, where long-term gains were accompanied by frequent corrections and periods of uncertainty.

Bear Case: Why SpaceX Stock Could Face Pressure

Despite its enormous potential, SpaceX also faces several risks that investors should consider.

  • Valuation Concerns

Following the IPO, SpaceX immediately became one of the world's most valuable publicly traded companies.

Some analysts argue that much of the company's future growth is already reflected in its share price.

If revenue growth slows or expectations prove overly optimistic, the stock could experience meaningful pullbacks.

  • Regulatory and Political Risks

SpaceX operates in highly regulated industries, including aerospace, telecommunications, and defense.

Changes in government policy, launch approvals, international regulations, or geopolitical tensions could affect future growth plans.

  • Starship Development Challenges

Starship is critical to many of SpaceX's long-term ambitions.

Delays, technical setbacks, cost overruns, or launch failures could negatively impact investor sentiment and reduce confidence in future growth projections.

Is SpaceX Stock a Good Long-Term Investment?

For investors seeking exposure to one of the world's most innovative technology companies, SpaceX offers a unique opportunity.

The company sits at the intersection of several powerful long-term trends, including satellite communications, artificial intelligence infrastructure, national security, and commercial space exploration.

However, as with many high-growth companies, investors should expect volatility and understand that future returns will depend on SpaceX's ability to execute its ambitious plans.

For long-term investors who believe in the future of the space economy, SpaceX could become one of the defining growth stocks of the next decade. For traders, the stock's high-profile IPO and strong market interest may create ongoing opportunities through both direct share ownership and CFD trading.

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FAQ

1. Can Australians buy SpaceX stock?

Yes. Australian investors can buy SpaceX stock through brokers that provide access to U.S. markets. Alternatively, traders can gain exposure through SpaceX CFDs offered by CFD brokers.

2. What is the SpaceX stock ticker symbol?

SpaceX trades under the ticker symbol SPCX on the Nasdaq exchange following its 2026 IPO.

3. Is SpaceX publicly traded?

Yes. SpaceX became a publicly traded company in June 2026 after completing its highly anticipated initial public offering (IPO).

4. Can I trade SpaceX CFDs in Australia?

Yes. Mitrade offer SpaceX CFDs, allowing traders to speculate on price movements without owning the underlying shares.

5. What is the difference between SpaceX CFDs and SpaceX shares?

Buying shares gives you ownership of the stock, while CFDs allow you to speculate on price movements using leverage without owning the asset.

6. Does SpaceX pay dividends?

At the time of writing, SpaceX does not pay dividends. The company is focused on reinvesting profits into growth initiatives such as Starlink and Starship.

* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

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