How to buy SpaceX stock in the UK today

SpaceX, Elon Musk's world-leading private space company, is finally going public.

Shares are set to begin trading on the Nasdaq on 12 June 2026 under the ticker SPCX — at an indicative IPO price of $135 per share and a valuation of $1.75 trillion, which would make this the largest IPO in history.

For UK investors, the doors are now open. Our top pick for buying SpaceX shares in the UK is eToro — a commission-free platform with fractional shares, so you can invest without needing to buy a whole share at $135. But before you place an order, here's everything UK investors need to know.

How to buy SpaceX shares in the UK now

SpaceX shares are expected to begin trading on the Nasdaq on 12 June 2026 under the ticker SPCX.

To buy them, you'll need a share-dealing account that provides access to US-listed stocks.

Our top pick is eToro — it's commission-free, supports fractional shares (so you don't need the full $135 per share), and is free to open.

Here's how to get started:

1. Open an account. Sign up with eToro using your personal details and verify your identity — it takes a few minutes.
2. Fund your account. Deposit funds via bank transfer, debit card, or credit card. Do this before 12 June so you're ready when SPCX starts trading.
3. Search for SPCX. From 12 June, search "SpaceX" or the ticker SPCX on the eToro platform.
4. Place your order. Choose how much to invest and place your order. With fractional shares, you can invest any amount — you don't need to buy a whole share.

Other UK platforms that are expected to offer SPCX include Hargreaves Lansdown, AJ Bell, IG, Freetrade, Interactive Investor (ii), CMC Invest, and Revolut.

Availability may vary, so check with your broker directly if you already have an account elsewhere.

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Best platforms for buying SpaceX in the UK

Now that SpaceX is publicly listed, you can buy shares through any FCA-regulated broker that offers access to US markets.

Most UK platforms settle trades in USD, so factor in FX fees when comparing costs.

Current options include:

• eToro
• IG
• Freetrade
• Hargreaves Lansdown
• Interactive Investor
• CMC Invest
• AJ Bell
• Revolut

Check whether your chosen broker offers fractional trading if you want to start with a smaller amount than the current share price.

Can I buy SpaceX on Trading 212?

Trading 212 has not been confirmed as offering SpaceX IPO access or SPCX trading at the time of writing.

Check the Trading 212 app directly for updates as the listing date approaches — US stocks are generally available on the platform, so SPCX may be added once it begins trading on the Nasdaq.

Can I buy SpaceX on Hargreaves Lansdown?

Yes — Hargreaves Lansdown is one of the UK trading platforms offering pre-IPO access to SpaceX shares, with a minimum investment of £1,000.

Once SPCX is listed, it should also be available to buy in the secondary market through an HL share dealing account in the usual way. Note that as a US-listed stock, SpaceX shares cannot currently be held in a Stocks and Shares ISA.

What is SpaceX?

SpaceX (Space Exploration Technologies Corp.) is a private aerospace company founded by Elon Musk in 2002 with the stated goal of making humanity a multi-planetary species.

Based in Hawthorne, California, it has become the world's most valuable private company, transforming the space industry through reusable rocket technology, dramatically cutting the cost of getting to orbit.

Its flagship achievements include the Falcon 9 — the world's first orbital-class reusable rocket — and Starship, the most powerful launch vehicle ever built, designed for missions to the Moon, Mars, and beyond.

SpaceX is also the operator behind the Crew Dragon spacecraft, which carries astronauts to the International Space Station for NASA.

How does SpaceX make money?

SpaceX has two main revenue engines:

Launch services — SpaceX charges commercial customers, government agencies, and NASA to launch satellites and cargo into orbit using Falcon 9 and Falcon Heavy. Its reusable rockets give it a significant cost advantage over competitors. The company also holds lucrative contracts with the US Department of Defense and is developing Starship for future government missions.

Starlink — SpaceX's satellite internet constellation is its fastest-growing business. Starlink provides broadband internet to homes, businesses, ships, and aircraft in remote and underserved areas across more than 100 countries. With over 7,000 satellites in orbit and growing, Starlink is widely considered the company's most valuable long-term asset and is expected to generate the bulk of SpaceX's future revenue.

SpaceX valuation: how much is SpaceX worth?

At its IPO, SpaceX is targeting a valuation of $1.75 trillion — which would make it the most valuable company ever to go public, and the most valuable private company in history.

For context, that puts it ahead of companies like Berkshire Hathaway and Saudi Aramco by market cap at listing.

At $1.75 trillion, SpaceX would be trading at roughly 100 times its 2025 revenue — a multiple that prices in years of exceptional growth from both its launch business and Starlink.

Whether that valuation is justified depends heavily on how fast Starlink scales and whether Starship becomes commercially operational.

SpaceX revenue

According to its IPO prospectus, SpaceX generated approximately $15–18 billion in revenue in 2025, with Starlink now accounting for the majority of that figure.

The company has been profitable on an operating basis, a notable achievement for a capital-intensive aerospace business at this stage.

Starlink's subscriber base has grown rapidly, and the service commands premium pricing, particularly for maritime and aviation customers.

Meanwhile, the launch business remains highly profitable thanks to Falcon 9's reusability — each booster can fly dozens of times, spreading fixed costs across multiple missions.

What is the SpaceX IPO?

An IPO (initial public offering) is when a private company sells shares to the public on a stock exchange for the first time.

For SpaceX, this marks the moment ordinary investors can buy a stake in one of the most closely watched companies on the planet — something previously limited to institutional investors, private equity, and SpaceX employees.

SpaceX filed its IPO prospectus with the SEC in May 2026, giving investors their first detailed look at the company's finances, business model, and growth plans. The listing is on the Nasdaq, under the ticker SPCX.

SpaceX IPO date: when is it?

SpaceX is expected to price its IPO on the evening of 11 June 2026, with shares beginning to trade on the Nasdaq from 12 June 2026.

That said, IPO timetables can shift — the final date remains subject to regulatory approval and market conditions, so it's worth checking for updates closer to the time.

SpaceX IPO price

SpaceX has set an indicative IPO price of $135 per share, targeting a raise of up to $75 billion — which would make it the largest IPO in history, surpassing Saudi Aramco's $29.4 billion raise in 2019.

The $135 price applies to investors allocated shares during the formal bookbuilding process.

If you're buying on the open market from 12 June, you'll pay whatever the market price is at the time your order is placed — which on a listing of this profile could open significantly higher.

High-profile IPOs frequently debut well above their offer price as retail demand floods in, though they can also correct sharply in the days and weeks that follow.

SpaceX IPO prospectus

SpaceX officially filed its IPO prospectus with the US Securities and Exchange Commission (SEC) in May 2026.

The document gave investors the first detailed public picture of SpaceX's financials, including revenue figures, profitability, growth projections, and the dual-class share structure that keeps voting control firmly with Elon Musk.

Key figures from the prospectus include approximately $15–18 billion in 2025 revenue, with Starlink now the dominant revenue driver.

The prospectus also confirmed that Class B shares held by Musk and insiders carry ten votes each versus one vote for the Class A shares sold to the public — meaning Musk retains around 82% of voting power post-IPO despite holding roughly 42% of the economic interest.

Is the SpaceX IPO oversubscribed?

All indications suggest strong demand. Up to 30% of the float has been earmarked for retail investors — an unusually generous allocation for an IPO of this size — yet even so, demand is expected to significantly exceed supply.

If the IPO is oversubscribed, shares will be allocated on a pro-rata or discretionary basis depending on the platform.

As AJ Bell's head of markets, Dan Coatsworth, explains: "Let's say someone applies for £5,000 worth of shares. They might get the first £1,000 allocated in full, and then a percentage of the excess amount. It's rare to receive nothing, but it cannot be ruled out."

If you don't get a pre-IPO allocation, you can still buy SPCX on the open market once trading begins on 12 June — though you'll be buying at the prevailing market price rather than the $135 offer price.

SpaceX stock price prediction

No one can reliably predict what SpaceX shares will trade at — and anyone claiming otherwise should be treated with scepticism.

What we can do is look at the fundamentals, the valuation assumptions baked into the IPO price, and what would need to be true for the stock to be worth significantly more or less by 2030.

At the IPO price of $135 per share, SpaceX is valued at $1.75 trillion — roughly 100 times its 2025 revenue. That is an extraordinary multiple, even by the standards of high-growth tech companies.

It prices in not just current performance, but years of continued dominance in launch services and rapid Starlink subscriber growth. Bulls argue that's justified. Bears argue the margin for error is essentially zero.

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Will SpaceX stock go up after the IPO?

In the very short term, there are structural reasons to expect upward pressure on the SPCX share price.

Forced buying by index funds — which are required to add SPCX to their portfolios once it joins major indices like the S&P 500 or Nasdaq-100 — could push the price higher in the days and weeks after listing.

Jason Hollands of BestInvest notes: "In the short term, forced buying by some index funds could create an opportunity for quick gains."

High-profile IPOs also frequently open above their offer price as retail demand floods in. For context, Cerebras Systems priced its IPO at $185 but opened at $350 on its first trading day.

However, the picture is less clear over the medium term. Insider lockup periods of 90 to 180 days mean that SpaceX employees and early investors will be free to sell from around September to December 2026.

When lockups expire on large, hyped listings, it often creates downward pressure as insiders take profits. This is a well-documented pattern worth keeping in mind.

SpaceX stock price prediction 2030

By 2030, the SpaceX share price will largely depend on two things: how fast Starlink scales, and whether Starship becomes commercially operational.

The bull case is compelling. If Starlink grows to 10–15 million subscribers globally and begins generating meaningful margins, and if Starship unlocks new commercial and government contracts, SpaceX's revenue could be multiples of its current level by 2030.

In that scenario, even at a more modest valuation multiple, the stock could trade significantly above the IPO price.

The bear case is that $1.75 trillion already prices in most of that growth. At 100x revenue, there is very little room for disappointment.

Rocket failures, regulatory setbacks, Starlink competition from Amazon's Kuiper constellation, or reputational damage linked to Elon Musk could all weigh on the stock — particularly if growth slows before the valuation multiple compresses.

The honest answer is that SpaceX is a genuinely exceptional business, but at this price, you are paying for perfection.

As Dan Coatsworth of AJ Bell puts it: "Areas that could go wrong for SpaceX include launch failures, regulatory changes, competitors playing catch-up, and Elon Musk making controversial statements that tarnish the company's reputation."

If you're investing with a 2030 horizon, position sizing matters as much as conviction. Allocating a small portion of a diversified portfolio is a very different risk proposition from going all-in.

Is SpaceX a good investment?

SpaceX is a genuinely exceptional business — the most dominant launch provider on the planet, with a fast-growing satellite internet business in Starlink and a pipeline of government contracts that would be the envy of any aerospace company.

The question isn't whether SpaceX is a great company. It's whether it's a great investment at this price.

At $1.75 trillion and ~100x revenue, the answer depends entirely on your time horizon, risk tolerance, and how much of the growth story you believe is already priced in.

As BestInvest's Jason Hollands puts it: "If you are tempted to invest as a punt, allocating a relatively small amount alongside a diversified portfolio is one thing." Treating it as a cornerstone holding is a different proposition entirely.

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SpaceX IPO expectations

Market expectations are sky-high — and that's both the opportunity and the risk.

The IPO is widely expected to be the largest in history, raising up to $75 billion at a $1.75 trillion valuation.

Demand from retail and institutional investors has been exceptionally strong, and forced index-fund buying after listing could push the price higher in the short term.

The growth case rests on two pillars: Starlink scaling to tens of millions of subscribers globally, and Starship becoming commercially operational to unlock new launch economics and mission types. Dan Coatsworth of AJ Bell highlights US government defence contracts as another key growth driver to watch.

If those bets pay off, SpaceX could grow into its valuation over time. If either stalls, the stock has a long way to fall from a 100x revenue multiple.

What are the risks of buying SpaceX shares?

SpaceX carries a number of specific risks that investors should weigh carefully:

• Valuation risk. At $1.75 trillion, the stock prices in years of flawless execution. Any disappointment — slower Starlink growth, a major launch failure, regulatory setbacks — could trigger a sharp correction.
• Concentration of power. Elon Musk retains approximately 82% of voting power through dual-class shares. Public shareholders have no meaningful say in how the company is run. Musk's other commitments — Tesla, xAI, his political activities — mean his attention is spread thin, and his public conduct has at times been a reputational risk.
• Lockup expiry. Insider lockup periods of 90 to 180 days expire in the autumn of 2026. When early investors and employees are free to sell, it typically creates downward pressure on the share price. This is worth factoring into any short-to-medium-term view.
• Competition. Amazon's Kuiper constellation is a serious, well-funded rival to Starlink. Rocket Lab, Blue Origin, and others are competing in the launch market. SpaceX's lead is substantial but not guaranteed to last.
• Single-stock risk. As Hollands notes, buying shares in an individual company rather than a fund means there is nothing to cushion the downside if things go wrong.

SpaceX vs SPCE stock: what's the difference?

This is a common point of confusion. SPCE is the ticker for Virgin Galactic — a completely separate company with no connection to SpaceX beyond the word "space" in its name.

Virgin Galactic focuses on suborbital space tourism flights for wealthy passengers and has struggled commercially since its listing.

SPCX is the ticker for SpaceX, Elon Musk's orbital launch and Starlink business.

The two companies operate in entirely different markets, at entirely different scales, and with entirely different financial profiles.

SpaceX is profitable and generates billions in annual revenue. Virgin Galactic has had a far more difficult public market journey.

If you're searching for SpaceX stock, make sure you're looking for SPCX on the Nasdaq — not SPCE.

How to invest in space stocks more broadly

SpaceX is the headline act, but it's not the only way to get exposure to the space industry.

Whether you want to spread risk across the sector, invest in companies already trading on public markets, or gain indirect exposure to SpaceX before or after its IPO, there are several options worth knowing about.

Can I invest in Starlink separately?

Not directly. Starlink is a division of SpaceX, not a separately listed company.

When you buy SPCX shares, Starlink exposure comes as part of the package — it's arguably the most valuable part of the business, but you can't buy Starlink stock on its own.

There has been speculation about a future Starlink spin-off IPO, but nothing has been confirmed.

Rocket Lab (RKLB)

Rocket Lab Corporation is the closest publicly listed pure-play alternative to SpaceX in the launch market.

Founded in 2006 and listed on the Nasdaq, it operates the Electron rocket for small satellite launches and is developing the larger Neutron vehicle for constellation deployments and potentially crewed missions.

With a market cap of around $71 billion and a share price trading above $113 at the time of writing, Rocket Lab has had a strong run — up significantly over the past year as the commercial launch market has grown.

It serves commercial, government, and defence customers across the US, Japan, Canada, and internationally, and also manufactures spacecraft components and provides mission management services.

It's a very different risk profile to SpaceX — smaller, earlier-stage, and not yet profitable — but for investors who want listed space sector exposure without the SpaceX valuation premium, Rocket Lab is the most direct option. It's available to buy on eToro and most UK platforms that offer access to US stocks.

Space ETFs

For investors who want broader sector exposure — or want to reduce single-stock risk — space-focused ETFs offer a way to invest across multiple companies at once.

• VanEck Space Innovators ETF holds a basket of listed space and aerospace companies, including Rocket Lab, Planet Labs (satellite imaging), and Viasat (satellite broadband). All holdings are publicly traded on US exchanges. It has risen around 100% over the past year, reflecting strong sector momentum.
• Tema Space Innovators ETF takes a slightly different approach — it already held SpaceX shares via a special-purpose vehicle (SPV) ahead of the IPO, valued at over $171 million as of May 2026. After the lockup period expires, those SPV shares will convert to freely traded SPCX stock. As of June 2026, its largest holding is Rocket Lab (11%), followed by Planet Labs PBC (6.6%), with SpaceX SPV exposure also at 6.5%. This ETF offers one of the most direct routes to SpaceX exposure within a diversified wrapper.
• Seraphim Space Investment Trust is a London-listed investment trust dedicated exclusively to space technology. It focuses on early and growth-stage private spacetech companies, including ICEYE (radar satellites), ALL.SPACE (military-grade satellite terminals), and D-Orbit (space logistics). Its share price has risen over 300% in the year to May 2026, though past performance is not a reliable indicator of future returns and investors should be aware of the premium at which it trades relative to its NAV.
• UK investment trusts with SpaceX exposure — before the IPO, several Baillie Gifford-managed trusts held significant private stakes in SpaceX. Scottish Mortgage had around 19.3% exposure, Baillie Gifford US Growth around 14.9%, and Schiehallion Fund around 12.8%. Post-IPO, these holdings will convert to listed shares and their weighting may shift, but these trusts remain a way to hold SpaceX alongside a broader portfolio of growth companies.

What is an IPO?

An IPO, or initial public offering, is when a private company sells shares to the public on a stock exchange for the first time.

Before an IPO, a company is privately owned — its shares are held by founders, employees, and private investors, and can't be bought by ordinary investors on the open market.

An IPO changes that, allowing anyone with a brokerage account to buy a stake.

The process works roughly like this: the company files regulatory paperwork (a prospectus) disclosing its finances and business plans, then works with investment banks to gauge investor demand and set an offer price.

Institutional investors and, in some cases, retail investors are allocated shares at that price. The company then lists on a stock exchange — in SpaceX's case, the Nasdaq — and from that point shares can be freely bought and sold by the public.

IPOs serve two main purposes: they allow the company to raise capital, and they give early investors and employees a way to eventually realise the value of their stakes.

For SpaceX, the IPO is expected to raise up to $75 billion — the largest amount ever raised in a public offering.

One important distinction: the IPO price (set during bookbuilding) and the price at which shares open for public trading are often different.

High-demand IPOs frequently open well above their offer price as retail investors flood in on day one — but that first-day premium can also unwind quickly in the days and weeks that follow.

The bottom line: Should I buy SpaceX in the UK?

SpaceX is one of the most remarkable companies ever built. It dominates orbital launch, is scaling a global satellite internet business in Starlink, and is developing Starship — potentially the most transformative rocket ever designed. The bull case is real and it's compelling.

But the question isn't just whether SpaceX is a great company. It's whether SPCX is a great investment at $1.75 trillion, priced at roughly 100 times annual revenue with virtually no margin for error.

At that valuation, you're not buying SpaceX as it is today — you're betting on everything going right for years to come.

If you want to invest, our top pick for UK investors is eToro — commission-free, fractional shares from as little as a few pounds, and free to open an account.

You don't need to buy a whole share at $135; you can invest whatever amount suits you and get started in minutes.

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A few things to keep in mind before you do:

You won't get the IPO price unless you registered in advance through a platform offering pre-IPO access.

Buying on the open market from 12 June means buying at the market rate, which could open higher.

Elon Musk retains 82% of the voting power, so you're buying into his vision, not co-owning the company in any meaningful governance sense. And the insider lockup expiry in autumn 2026 is a known pressure point to watch.

As Jason Hollands of BestInvest puts it: "Allocating a relatively small amount alongside a diversified portfolio is one thing. I would be wary of committing too large a proportion of your investments to SpaceX."

That's sensible advice. If you believe in the long-term story — Starlink, Starship, space infrastructure — a measured position in SPCX through eToro is a reasonable way to get exposure.

Just size it accordingly, and invest only what you can afford to leave invested through volatility.

For a closer look at the process, read our guide on how to invest in SpaceX.