SpaceX’s record-breaking Nasdaq debut has triggered a scramble among forex and CFD brokers to offer the stock to retail clients — giving traders outside the US a fast route into one of the biggest IPOs in history, without needing a US brokerage account.
SpaceX priced its IPO at $135 a share on June 11 and began trading on Nasdaq under the ticker SPCX on June 12, raising roughly $75 billion — the largest stock offering ever recorded, ahead of Saudi Aramco’s $29 billion listing. The deal valued the company at between $1.8 trillion and $2 trillion. Unusually for a mega-IPO, SpaceX allocated around 30% of shares directly to retail platforms, a sharp break from the industry norm of reserving 90%+ for institutions.
Brokers move fast
FxPro confirmed it has switched on SpaceX stock trading for clients via CFDs, joining a wave of brokers responding to retail demand around the listing.
Ultima Markets went further, launching SPCXUSD — described as a SpaceX-linked CFD instrument — alongside a set of new aerospace-sector CFD products, citing rising trader interest in satellite communications and space infrastructure.
EBC Financial Group is offering SPCX as a CFD from as little as $50, with transaction fees currently waived. The broker is positioning the offer around accessibility: no US brokerage account, no IPO allocation, and no foreign bank account required to get exposure to the stock.
LiteFinance has published a trading guide steering clients toward direct-ownership routes through brokers such as Interactive Brokers, Charles Schwab, Fidelity and Saxo Bank, while also flagging space-themed ETFs — including the Tema Space Innovators ETF and the ARK Space & Defense Innovation ETF — as indirect exposure for traders who can’t access SPCX directly.
JustMarkets has also confirmed SPCX CFD trading goes live for clients on June 17, with the announcement specifically distributed across African media channels. A company representative said the move reflects rising trader appetite for “companies that are driving innovation across industries,” adding that SpaceX CFDs now round out JustMarkets’ existing product range alongside forex, commodities, precious metals, indices and crypto instruments already on its platform.
Why the rush
The interest isn’t just about the rocket business. SpaceX’s Starlink division pulled in $11.4 billion in revenue in 2025 — up 48% year-on-year — at a 63% EBITDA margin, with 10.3 million active subscribers across more than 160 countries as of Q1 2026. That’s the profitable engine funding the company’s newer, loss-making AI bet: SpaceX merged with Elon Musk’s xAI in February 2026, folding Grok and X’s compute infrastructure into the same corporate structure. The AI unit posted a $6.35 billion operating loss in 2025, contributing to a group-wide net loss of $4.9 billion on $18.67 billion in consolidated revenue.
For traders, the split matters: Starlink’s subscriber growth — already a major presence across African markets — is the metric most likely to move SPCX’s price in the near term, while the AI division remains the speculative, longer-horizon part of the story.
The fine print
CFD trading is not the same as owning SpaceX stock. A CFD lets a trader speculate on the price difference between entry and exit without holding the underlying shares — which means no shareholder rights, and exposure to leverage-driven losses that can exceed the initial deposit. Brokers offering SPCX CFDs have flagged standard high-risk warnings alongside the new listings.