How to buy SpaceX stock in 2024

In 2023, many are keen to invest in space by buying SpaceX shares. This company, led by Elon Musk, differs from Tesla, which focuses on electric cars and green energy. While both companies have made headlines, their stocks are separate. Checking the SpaceX stock chart gives an idea of its growth and potential. But like all stocks, its price is influenced by various factors.

If SpaceX stock is among your future choices for enriching your investment portfolio, it's essential to watch the share price on the stock exchange. Some stocks can be bought directly, while others might need special funds. In this article, we will take a look at investing in SpaceX, making it easy for anyone interested in space or looking to expand their investments.

Table of Contents

Understanding SpaceX stock?

How to invest in SpaceX stock?

Current market price for SpaceX shares

In conclusion

FAQ

Understanding SpaceX stock?

Elon Musk, the visionary billionaire, established SpaceX in 2002, also recognized as Space Exploration Technologies Corp. With bold aspirations to send people to Mars, this game-changing company has not only shaped space exploration, but has also significantly influenced the financial world. The company’s stock is currently boasting an impressive valuation of $150 billion. The popularity of SpaceX's stock can be attributed to its impressive achievements, including the launch of 208 space flights and the introduction of reusable rockets with 170 successful landings.

The company includes a wide portfolio, from manufacturing rockets and shuttling astronauts to space up to launching the ambitious Starlink project, aiming to provide global broadband service through an extensive network of low-orbit satellites. Given its collaboration with esteemed entities like NASA on the Artemis human lunar lander project, and fierce competition with companies like Blue Origin, SpaceX's stock chart indicates a promising uptrend.

While its shares are primarily owned by Musk, venture capital firms, and select private equity companies, many analysts and investors wonder about the share price and the intricacies of investing in such a high-value, privately owned company. As the market remains abuzz with news of SpaceX's milestones, it's evident that despite the inherent risks, SpaceX remains at a pivotal point of interest in the global investment landscape.

How to invest in SpaceX stock?

As SpaceX, propels innovations and consistently headlines news with successful missions, the financial world is buzzing with one burning question: How can one invest in SpaceX stock?

While SpaceX remains private, limiting direct public investments, there are still avenues available for those wanting a piece of the space exploration pie. Below, we provide various insights into the different ways investors might get exposure to SpaceX, directly or indirectly, and the considerations they should bear in mind.

Pre-IPO

While Elon Musk's SpaceX remains a private entity, there's an undercurrent of interest around its potential initial public offering (IPO). Many are keen to buy into the innovative space venture. But how can you invest in SpaceX shares before it's officially quoted on the stock exchange? The answer lies in the pre-IPO secondary market.

Online pre-IPO marketplaces are platforms where early investors or even SpaceX employees, granted shares as part of their compensation, might decide to liquidate their holdings. Here, you can acquire SpaceX stock before the company goes public. Platforms like Forge Global/Sharespost, the result of a merger between two leading marketplaces, have set a bar with their minimum investment pegged at $100,000. However, this figure might rise depending on the share's value.

EquityZen operates similarly, acquiring SpaceX shares from insiders and offering them to qualified investors. With a threshold set at $10,000, it might be more accessible for many, though the share price might push this higher. SecFi and EquityBee have carved a unique position. While SecFi connects external investors to employees looking to cash out their stock options, EquityBee lets you fund an employee's stock option, sharing in the eventual sale's profit. Meanwhile, the Nasdaq Private Market seeks distinct investors, that meet the SEC accredited investor standards.

Despite Elon Musk's success with Tesla shares, making SpaceX seem like a golden opportunity, risks abound. Market dynamics, regulatory hurdles, and SpaceX's future development can all influence its stock price. Investments in pre-IPO shares remain speculative, and there's always a possibility that the IPO might not materialize or meet expectations.

IPO

For most investors, obtaining SpaceX shares in the pre-IPO secondary market may seem the most alluring, however, the competitive landscape often makes this path hard to follow. Thus, for most traders pivoting towards investing in SpaceX, the IPO itself offers a promising alternative. Direct investment in an IPO, though typically at a higher entry price, provides investors with a firmer assurance of liquidity. Being able to sell your shares becomes a tangible reality.

Major brokers in the USA have shaped various pathways for investors to take part in IPOs, by implementing a set of criteria to ensure that they conform to the market regulations and risk management. For instance, TD Ameritrade offers a seat at the IPO table if it's part of the selling group, given that the account holder has either a $250,000 balance or a record of 30 trades within the past year. Similarly, Fidelity extends this privilege to its Premium or Private client group members or those hitting their minimum household asset targets. In the case of Charles Schwab, either an impressive account balance of $100,000 or a track record boasting 36 trades is the ticket in.

However, E*Trade does not have any restrictions regarding the balances or trading history criteria in order to participate in IPO investment. Instead, a comprehensive questionnaire, made by the IPO's underwriter, determines your eligibility.

The SpaceX stock price during the IPO might reflect market sentiment, company performance, and industry trends. However, before investing, traders need to remember that, despite the fact that the potential profit seems tempting, every share price in the stock exchange bears its own risk.

Public post-IPO market

Waiting for the dust of the IPO to settle and then plunging into the post-IPO market might be an effective option. Using a standard brokerage account, this approach allows investors to enter the market securely and with a clear understanding of what lies ahead. However, they won't be capitalizing on the often attractive SpaceX share price that pre-IPO or IPO purchases promise. However, if the company's upward route mirrors its ambitious space missions, there remains a significant potential for profit, even at a post-IPO entry point.

Current market price for SpaceX shares

As of 13 September 2023, SpaceX's stock price is at $77.46 per share. However, as we mentioned before, it is a privately held company, meaning it does not have publicly traded stock.

For traders, SpaceX presents a unique blend of innovation, ambition, and potential rewards. Nevertheless, as with any stock, it's not without its risks. Staying updated with SpaceX's technological advancements, mission successes/failures, and the competitive landscape will be key to making informed decisions about this asset.

In conclusion

In conclusion, Elon Musk's vision for space exploration and innovation underpins the company's impressive valuation, with notable achievements like reusable rockets and the Starlink project amplifying its market allure. Investment avenues vary from the speculative pre-IPO markets, where shares from early investors or SpaceX employees might be accessible, to direct participation in the IPO, and finally, the post-IPO public market.

Investing in SpaceX carries inherent risks synonymous with high-growth, innovative companies. Its market position is solid, but the volatility associated with space exploration and tech companies can't be ignored. Investors should consider SpaceX as a high-reward but potentially high-risk asset. Thus, it would be prudent to incorporate it as a portion of a diversified portfolio, balancing out its volatility with more stable assets. It's crucial for potential investors to maintain an informed perspective, consistently monitoring the SpaceX stock chart, industry trends, and market sentiment.

FAQ

Does SpaceX have stocks?

SpaceX remains a privately held company, which means its shares aren't available for purchase on the stock market. While there are methods to acquire pre-IPO stock, these avenues come with no guarantees and might involve specific qualifying criteria. Potential investors should approach with caution and conduct thorough research before attempting to buy into such opportunities.

Who owns majority shares in SpaceX?

Elon Musk is the majority shareholder of SpaceX, holding a significant portion of the company's shares. While SpaceX is not publicly traded, making its SpaceX stock chart and SpaceX share price unavailable to the public, Musk's stake in the company is a testament to his commitment and belief in its vision and missions.

How much are SpaceX stocks right now?

As of 13 September 2023, the stock price for SpaceX stands at $77.46 per share. Adjustments to SpaceX's share price have been made considering stock splits, and it's determined based on pre-IPO stock transactions and various other data sources.

Who is SpaceX's owner?

SpaceX was founded by Elon Musk in 2002. While there are other investors and shareholders in the mix, Musk remains the primary owner and the driving force behind SpaceX's groundbreaking ventures.

What is SpaceX's stock symbol?

As of now, SpaceX is a privately held company and has not undergone an IPO on any stock exchange. Consequently, it does not have a stock symbol or ticker associated with it.