Eligible traders in the UAE can trade SpaceX before its IPO right now via the SPCX.US-PERP perpetual futures contract on Pepperstone — available 24/7 ahead of SpaceX's official Nasdaq listing on June 12, 2026.
TL;DR Summary: SpaceX is set to debut on Nasdaq on June 12, 2026 at $135 per share — a $1.77 trillion valuation, the largest IPO in history. Pepperstone, offers eligible UAE clients access to SPCX.US-PERP perpetual futures trading right now.
Important: This product is only available in selected locations. It is not available to US residents or residents of restricted jurisdictions. Please verify your eligibility before trading.
Definition: The SpaceX IPO is a major public listing event. Elon Musk's aerospace and satellite company plans to sell 555.6 million shares at $135 per share, raising $75 billion at a total valuation of $1.77 trillion.
This IPO would rank among the largest market debuts ever and would place SpaceX among the biggest US companies by market capitalisation. At the same time, such a valuation implies elevated expectations, which increases both opportunity and risk for traders.
Key Dates: SpaceX is expected to price shares on the evening of June 11, 2026 and begin trading on Nasdaq under ticker SPCX on June 12, 2026.
Definition: SPCX.US-PERP is a perpetual futures contract on SpaceX equity ahead of its IPO, offered by Pepperstone. "Perpetual" means the contract has no fixed expiry date — you can hold it indefinitely as long as you maintain sufficient margin.
These contracts allow eligible traders to speculate on SpaceX's expected share price — long (BUY) or short (SELL) — before the company lists publicly. Once the IPO completes and SpaceX begins trading on Nasdaq, the contracts transition to reference the live listed share price.
| Feature | SPCX.US-PERP (Now) | Buying After June 12 IPO |
|---|---|---|
| Timing | Available now — before the IPO | After June 12, 2026 |
| Trading Hours | 24/7, no interruptions | US market hours only |
| Product Type | Perpetual Futures Contract | Only shares CFDs |
| Platform | Pepperstone | Nasdaq / brokers globally |
| Own actual shares | No (price speculation only) | No, if buying shares CFDs at Pepperstone |
| Short selling | Yes (SELL position) | Limited for retail |
| Eligibility | Limited Jurisdictions, non-US | Available globally post-IPO |
Definition: Pepperstone is an Australian broker founded in 2010, regulated by CMA (UAE), SCB and FSC.
Why Pepperstone for this product:
SpaceX's valuation is one of the most debated in market history. The IPO prices shares at $135 implying a $1.77 trillion valuation, while some independent estimates are lower. This wide dispersion creates significant trading opportunities — and risks.
Strong institutional demand at the open, supported by optimism around Starlink and launch-related growth, could drive the stock to $150–$160+ in early trading sessions. A sentiment-driven IPO pop is possible if market demand remains strong.
The stock opens near the $135 IPO price with initial volatility, then stabilises as institutional analysis develops and earnings expectations become clearer. This is a common pattern for major IPOs.
If investors resist the full $1.77 trillion valuation, the stock could pull back toward $100–$110. With leverage, losses in this scenario would be significantly amplified.
Not suitable for: Beginner traders without experience managing leveraged positions on pre-IPO or high-volatility instruments.
SpaceX is priced at $135 per share with a $1.77 trillion valuation. The stock is expected to begin trading on Nasdaq under ticker SPCX on June 12, 2026.
Yes. Pepperstone is regulated by the DFSA Dubai and UAE SCA, and eligible UAE clients can trade SPCX.US-PERP now. Please confirm your eligibility during account registration.
Yes. A key advantage of perpetual futures is the ability to open a SELL position — allowing you to profit if SpaceX's market price falls below the IPO valuation. This is not possible when buying ordinary shares at the IPO.
Once SpaceX lists on Nasdaq and the SPCX share begins trading, the perpetual futures contract transitions to reference the live listed price. Please review Pepperstone's updated product terms for specific conversion details applicable to your account.
Pre-IPO instruments carry significantly higher risk than established listed stocks. Valuation uncertainty is unusually high, and leverage amplifies both gains and losses. Only trade with capital you can afford to lose.
SPCX.US-PERP is available exclusively in jurisdictions where Pepperstone holds a valid regulatory licence. It is not available to US residents or residents of restricted countries. Always check eligibility at pepperstone.com before registering.
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Jurisdiction and Eligibility Warning: SPCX.US-PERP is available exclusively to eligible clients in jurisdictions where Pepperstone holds an applicable regulatory licence. This product is not available to US residents or residents of any restricted jurisdiction. Availability is subject to applicable laws and regulations in your country of residence. Always verify your eligibility at pepperstone.com before opening a position.
Risk Warning: Trading perpetual futures on pre-IPO companies involves very high risk and may result in the total loss of invested capital. Pre-IPO instruments lack a full public financial record and carry inherently uncertain valuations. Leverage significantly amplifies both gains and losses. This content is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.