SpaceX Set for June 12 Listing as Retail, Taiwan Investor Access Comes Into Focus

SpaceX’s core businesses span rocket launches, the Starlink satellite network and government contracts. Its planned listing has drawn attention because of the company’s valuation and Elon Musk’s stake. The company plans to allocate IPO shares through digital brokerages including SoFi and Robinhood, giving U.S. retail investors an opportunity to subscribe in the primary market.

SpaceX listed under the ticker SPCX on June 12 and opened at $150, pushing its market capitalization above $1.9 trillion. Regulatory restrictions and underwriting eligibility rules prevent investors in Taiwan from subscribing directly to the IPO, but they can trade the shares in the secondary market after listing through domestic brokers’ sub-brokerage services or overseas U.S. brokerage accounts.