How to Buy SpaceX Stock (SPCX)

SpaceX is now a public company. It priced its IPO at $135 a share and began trading on the Nasdaq on June 12, 2026, under the ticker SPCX. That means you can buy it the same way you buy any other stock, through an ordinary brokerage account.

This guide covers how to buy it, what happened after the listing, and what to weigh before you put money in.

The short version

• Ticker: SPCX, on the Nasdaq.
• IPO price: $135 a share. It closed its first day at $160.95.
• Where to buy: any US broker with Nasdaq access, including Fidelity, Schwab, Robinhood, Webull and Moomoo.
• Fractional shares: available at brokers that offer them, so you can start with a dollar amount instead of a full share.

How to buy SpaceX stock, step by step

1. Open a brokerage account. A regular taxable account works, or a Roth IRA if you want long-term growth to be tax-free. Compare beginner apps if you don't have one yet.
2. Fund it. Link your bank and transfer money. Most brokers let you trade a deposit the same day, but check the settlement rules.
3. Search for SPCX. Make sure the listing says Space Exploration Technologies, not a fund or a similarly named company.
4. Choose an order type. A limit order lets you set the most you'll pay. That matters for a stock that has moved this much.
5. Decide how much. Enter a dollar amount if your broker supports fractional shares, or a number of shares if not.
6. Review and place the order.

What's happened since the IPO

The listing was the largest IPO on record, and the price has swung widely since:

• June 12: priced at $135 and closed its first day at $160.95.
• June 16: record close of $201.80.
• Early August: bottomed near $105, below the IPO price, as the first insider shares were released from their lockup.
• October 5: closed at $171.09, its highest close since June, after Morgan Stanley repeated its buy rating and $300 price target. The stock is up about 58% from its August low.

SpaceX reported its first quarterly results in early August, for the second quarter of 2026: $7.8 billion in revenue, up 92%, and a net loss of $541 million. The company now includes xAI, which it acquired in February 2026, so its results cover rockets, Starlink and AI. Third-quarter results are expected in late October.

What analysts are saying

Morgan Stanley's $300 target is the highest on Wall Street; the average analyst target was about $281 on October 5. Its own range runs from a $75 bear case to a $600 bull case, which shows how uncertain the outlook is. Morgan Stanley was also one of the lead banks on the IPO. Read what an analyst price target is, and how much to trust one.

Upcoming lockup dates

SpaceX's insider lockup releases shares in stages rather than all at once. Smaller tranches continue through October, a larger one follows third-quarter results, the standard 180-day lockup ends around December 8–9, 2026, and Elon Musk's shares stay locked until about June 2027. Each release adds shares that can be sold. See what an IPO lockup is and why it matters.

What to weigh before you buy

• Valuation. The market values SpaceX at around $2 trillion, far above what its current revenue alone would justify. You are paying for expected future growth.
• Volatility. Newly listed stocks often swing hard in their first year or two, and many hot IPOs trail the market over that period.
• Lockups. More insider shares become sellable through December 2026, and Musk's in mid-2027. Extra supply can weigh on the price around each date.
• Concentration. If you already own an S&P 500 or total market fund, you may get SpaceX exposure as index providers add it. Check your fund before buying more.

If you want space exposure but not one company, a broad ETF spreads the risk. And a single stock like this is usually best kept to a small slice of a diversified portfolio.

FAQ

What is SpaceX's ticker symbol?

SPCX, on the Nasdaq. It began trading on June 12, 2026.

Can I buy SpaceX stock with $10?

Yes, at a broker that offers fractional shares. You enter a dollar amount and the broker buys that fraction of a share.

What was the SpaceX IPO price?

SpaceX priced its IPO at $135 a share. It closed its first trading day at $160.95.

Is SpaceX stock a good investment?

It depends on your goals and risk tolerance. SpaceX is growing quickly but is valued far above its current revenue, and the shares have been volatile since listing. Keep any single stock to a small part of a diversified portfolio.

Can you buy Starlink stock?

Not separately. Starlink is part of SpaceX, so buying SPCX is the way to own it. SpaceX hasn't announced plans to list Starlink on its own.

When does the SpaceX lockup end?

In stages. The standard 180-day lockup ends around December 8–9, 2026, and Elon Musk's shares are locked until about June 2027. Check the IPO prospectus for exact terms.

Sources: CNBC, Oct 5, 2026; Yahoo Finance, Aug 6, 2026. Prices change daily.