How to buy SpaceX stock (SPCX)
Updated from live prices and SEC filings
SpaceX trades on Nasdaq under the ticker SPCX. Buy it through any platform that offers US shares; in the UK it can be held in a Stocks and Shares ISA or SIPP after you complete a W-8BEN form, with no stamp duty to pay. As of 18 Oct 2026, SPCX was $146.03, up 8.2% on the $135 IPO price.
SpaceX became a public company on 12 June 2026, when its Class A shares began trading on Nasdaq under the ticker SPCX. Buying it now works like buying any other US share: open an account with a platform that offers US stocks, fund it, search for SPCX and place an order. This guide covers each step, with the details that matter for UK investors: ISAs, currency fees and the W-8BEN form.
SpaceX stock today. SPCX last traded at $146.03, up 8.2% on the $135 IPO price, valuing SpaceX at about $1.98T. The next lock-up release is the Q3 earnings tranche on 22 Oct 2026, 4 days away, freeing up to 1.3 billion shares. SpaceX reports its next results on 20 Oct 2026, after close.
Live price and chart, filings and news: SPCX stock page.
How to buy SpaceX shares, step by step
- Choose a platform and account. Any broker that offers US shares will list SPCX. In the UK, decide first whether to buy inside a Stocks and Shares ISA (no UK tax on gains), a SIPP (pension, with tax relief on contributions) or an ordinary dealing account.
- Complete a W-8BEN form. UK and other non-US investors fill this in once, usually online when they first buy a US share. It confirms you are not a US taxpayer. SpaceX pays no dividend, so it does not affect SPCX today, but most platforms require it before you can trade any US stock.
- Add money and decide on currency. SPCX trades in US dollars. Most UK platforms convert your pounds automatically when you buy and convert back when you sell, charging a currency fee each time. Some let you hold dollars, which avoids paying the fee on every trade.
- Search for SPCX. Check the name reads Space Exploration Technologies Corp. or SpaceX. SPCE is Virgin Galactic, a separate company whose ticker is often confused with SpaceX's.
- Choose an order type. A market order buys straight away at the current price. A limit order only buys at your chosen price or lower, which is useful for a stock that can move several percent in a day. US markets open at 2:30pm UK time (9:30am in New York) for most of the year.
- Pick the amount. With fractional shares you can invest a fixed sum instead of paying for a whole share. Not every platform offers fractions on US stocks, or inside an ISA, so check before you buy.
Buying SpaceX stock in the UK
UK investors can buy SPCX through most of the main platforms, including Hargreaves Lansdown, AJ Bell, interactive investor, Trading 212, IG and Interactive Brokers. Hargreaves Lansdown and interactive investor also offered shares in the IPO itself, including inside ISAs.
ISA and SIPP
SPCX can be held in a Stocks and Shares ISA because Nasdaq is a stock exchange recognised by HMRC. Any gain made inside the ISA is free of capital gains tax, which matters for a volatile stock. The same applies inside a SIPP. Outside these wrappers, gains above the annual capital gains tax allowance are taxable when you sell.
What it costs
- Dealing commission: from nothing on app-based platforms to around £12 a trade on traditional ones, often less for frequent traders.
- Currency conversion: usually the biggest cost for small trades. Fees on US shares range from about 0.15% to 1.5% of the trade depending on the platform and the size of the deal, charged on the way in and again on the way out.
- Account fees: some platforms charge a percentage of your holdings or a flat monthly fee, which can matter more than dealing costs over time.
- Stamp duty: none. The 0.5% UK stamp duty does not apply to US shares.
Platforms change their fees often, so compare the current tariff before choosing.
Buying SpaceX stock in the US
US investors can buy SPCX through any brokerage account, including tax-advantaged accounts such as IRAs, at the normal commission for US stocks (zero at most large brokers). SPCX trades on Nasdaq during regular hours, 9:30am to 4pm Eastern, and many brokers also offer pre-market and after-hours trading.
What you are buying
Public investors own Class A shares, with one vote each. Elon Musk and a small group of insiders hold Class B shares with ten votes each, which gives Musk control of the company even though he owns less than half of the shares. Shareholders share in SpaceX's results but have little say in how it is run.
SPCX is a bet on several businesses at once: Falcon 9 and Starship launches, the Starlink satellite broadband network, and the xAI artificial intelligence business, which includes X. Starlink is the largest business, and in the first quarter of 2026 it was the only one making a profit. SpaceX has not paid a dividend and the prospectus says it does not expect to.
SpaceX IPO facts
| Priced | 11 June 2026 at $135 a share |
| Shares sold | 555.6 million Class A shares, plus an over-allotment option of 83.3 million |
| Money raised | $75 billion in the base offering, the largest IPO ever |
| Valuation at the IPO price | About $1.77 trillion |
| First day of trading | 12 June 2026 on Nasdaq; closed at $161, up 19% |
| Lead banks | Goldman Sachs and Morgan Stanley |
| Index inclusion | Joined the Nasdaq-100 in July 2026 |
The shares rose above $200 in the week after listing, then fell below the IPO price and traded around $108 in early August, before the first lock-up release. They now trade at $146.03.
Lock-ups: when insiders can sell
Most SpaceX shares are still held by employees, early investors and Musk, and they become free to sell in stages under the IPO lock-up. Five releases have passed so far, freeing up to 2.27 billion shares. The biggest single release, up to 1.3 billion shares, comes two trading days after SpaceX reports third-quarter results, and the main lock-up ends on 8 December 2026. Musk cannot sell until 14 Jun 2027.
Every date and share count is on the SpaceX lockup calendar.
Getting SpaceX exposure through a fund
If you would rather not hold a single stock, SpaceX is also owned by funds you may already have. Since joining the Nasdaq-100 in July 2026, SPCX is held by every Nasdaq-100 tracker, including the US-listed QQQ and the Nasdaq-100 ETFs listed in London, many of which can go in an ISA. Several space ETFs, including the Procure Space ETF (UFO), hold it too, some as one of their largest positions. Fund weightings change, so check the current holdings on the issuer's website. The space ETF comparison shows how each fund has performed.
Risks to weigh first
- Valuation: at around $2 trillion, SpaceX is priced for many years of fast growth, and the share price has swung by more than 40% from peak to trough since the IPO.
- Share supply: billions of locked-up shares become sellable over the next year, which can weigh on the price around each release.
- Control: Musk's voting power means outside shareholders cannot change the board or block decisions.
- Currency: for UK investors, a stronger pound reduces the value of a US share in sterling terms, even if the share price does not move.
Frequently asked questions
Can I buy SpaceX stock?
Yes. SpaceX has been listed on Nasdaq since 12 June 2026 under the ticker SPCX, so anyone with a brokerage account that offers US shares can buy it, in the US, the UK and most other countries.
What is SpaceX's stock ticker?
SPCX, on Nasdaq. Be careful not to confuse it with SPCE, which is Virgin Galactic, a different company.
Can I buy SpaceX shares in the UK?
Yes. Most UK investment platforms that offer US shares list SPCX, including Hargreaves Lansdown, AJ Bell, interactive investor, Trading 212, IG and Interactive Brokers. You will usually need to complete a W-8BEN form first.
Can I hold SpaceX in a Stocks and Shares ISA?
Yes. SPCX is listed on Nasdaq, which HMRC recognises as a stock exchange, so it can be held in a Stocks and Shares ISA or a SIPP on platforms that offer it. Gains inside an ISA are free of UK tax.
Do I pay stamp duty on SpaceX shares?
No. The 0.5% UK stamp duty applies to shares in UK companies. US shares such as SPCX do not carry it, though platforms charge their own dealing and currency fees.
Does SpaceX pay a dividend?
No. The IPO prospectus says SpaceX does not expect to pay cash dividends in the foreseeable future and plans to reinvest any earnings in the business.
How much does one SpaceX share cost?
SPCX last traded at about $146.03 a share. Many platforms offer fractional shares, so you can invest a set amount, such as £50, rather than buying a whole share.
What price did SpaceX IPO at?
SpaceX priced its IPO at $135 a share on 11 June 2026, raising $75 billion in the base offering, the largest IPO ever. The shares closed their first day of trading at $161.
When can Elon Musk sell his SpaceX shares?
Musk agreed to a 366-day lock-up with no early release, so he cannot sell before 14 Jun 2027, the first trading day after it ends.
Sources
- SpaceX IPO prospectus (Form 424B4), SEC EDGAR
- CNBC: SpaceX raises $75 billion in record-setting IPO
- TechCrunch: SpaceX prices shares at $135
- Hargreaves Lansdown: SpaceX IPO, what UK investors need to know
- This is Money: What the SpaceX IPO means for UK investors
- GOV.UK: Individual Savings Accounts
Live figures as of 18 Oct 2026, refreshed whenever the site updates. Orbit Alpha is information, not investment or tax advice; tax treatment depends on your circumstances. Capital is at risk.
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