SpaceX Stock: Can You Buy SpaceX Shares Before the IPO?

Space Exploration Technologies Corp., more commonly known as SpaceX, stands as the world's most valuable private corporation. Established by Elon Musk in 2002, SpaceX has revolutionized the industries of commercial space travel, satellite broadband services, and aerospace development. Since there is no SpaceX ticker symbol on the stock market, investors aiming to bet on SpaceX's potential success have not had many alternatives until now. On Bitunix, the SPACEXUSDT PERP contract offers investors the opportunity to trade a pre-IPO perpetual futures contract based on the estimated value of SpaceX, available 24/7 with USDT margin.

SpaceX, a Private Spacecraft Manufacturer

SpaceX operates out of Hawthorne, CA. They currently manage the Falcon 9 and Falcon Heavy rockets used for space launch, alongside the still-developed Starship rocket, and the Dragon capsule used in crewed spaceflight programs by NASA to deliver both crew and cargo to the International Space Station.

Their Starlink initiative is also currently in full operation, consisting of thousands of satellites placed into low-Earth orbits, and providing satellite broadband access to customers located throughout more than 100 countries worldwide. This product alone generates significant income for the company and many believe it will eventually become a separate company undergoing its own IPO at some point.

Recently, the total value of SpaceX has exceeded $200 billion USD, placing it among the most valued private companies in the world.

Is SpaceX Publicly Traded?

No, there are no publicly traded shares of SpaceX. There are no SpaceX shares on NASDAQ, NYSE, or any other regulated stock exchange. Only select investors, employees of SpaceX itself, and venture capital firms own the stock.

Elon Musk has suggested there are no plans for SpaceX to go public. Rumors have circulated about Starlink becoming a separate public entity, but SpaceX has yet to announce an official IPO date. Until then, private investors have no way to buy SpaceX stock.

Trading SpaceX Pre-IPO Perpetual Contract on Bitunix

Bitunix lists the SPACEXUSDT PERP contract (alternatively SPCXUSDT PERP). This pre-IPO futures perpetual contract is based on an estimated value and private market pricing.

If you want to profit from an increase in SpaceX's value, you can long the price on Bitunix. Conversely, if you expect the value to go down, you may choose to short the position. The contract trades in USDT and does not require any SpaceX shares to open positions. It is not related to any IPO SpaceX may undergo.

How to Buy SpaceX Shares on Bitunix

Step 1: Join and Finish Verification

Sign up for an account on Bitunix and verify your identity to get full access to all Futures products.

Step 2: Deposit USDT

Fund your Futures account with USDT via TRC-20, ERC-20, or any other supported method.

Step 3: Find SPACEXUSDT PERP

Navigate to the Futures marketplace and find the SPACEXUSDT PERP or SPCXUSDT PERP ticker. Check the relevant information to confirm the contract's details.

Step 4: Order Type and Quantity

You can enter your order now by choosing your leverage, selecting limit or market orders, and setting stop-loss and take-profit targets before placing your long or short order.

SpaceX Valuation and Outlook

SpaceX's valuation has increased over the last few years due to the growing number of subscribers in Starlink, ongoing contracts with NASA and the US Department of Defense and the development of the Starship rocket. In 2024, SpaceX raised funds at a valuation between $175 billion and $210 billion. Longer term, Starship commercialization, the use of Starlink in aviation and shipping and increased demand for government launches are seen as key long term drivers that traders follow with the SPACEXUSDT PERP contract.

Risks

Pre-IPO perpetual futures are speculative products. SpaceX has not disclosed its planned IPO timing and the reference price only shows a private market valuation estimate rather than an exchange-based price. Funding rate variance, amplified returns and lack of an anticipated IPO are important risk factors to consider. You should determine your own risk tolerance before trading SpaceX perpetuals.

Conclusion

SpaceX remains among the most interesting private companies of recent times as it dominates aerospace, expands satellite internet services and looks towards long-term interplanetary endeavors. While SpaceX's shares will not trade on public exchanges, Bitunix SpaceX futures via the SPACEXUSDT PERP contract present a practical way for traders to take a view on SpaceX's valuation currently. As enthusiasm for SpaceX's pre-IPO story grows, it represents an essential tool for forward-looking traders in the emerging on-chain trading sector.

Glossary

• SPACEXUSDT PERP / SPCXUSDT PERP: The SpaceX perpetual futures contracts on Bitunix, priced in USDT and available for round-the-clock trading.

• Pre-IPO Perpetual Futures: Derivatives instruments that enable traders to speculate on the valuation of a private company before it completes a listing on a public exchange.

• Private Valuation: The estimated market value of a company as determined through private funding rounds rather than open-market trading.

• Starlink: SpaceX's satellite internet constellation, discussed as a potential standalone IPO candidate separate from the broader SpaceX entity.

• USDT Margin: The use of Tether stablecoin as collateral for futures positions on Bitunix.

• Funding Rate: A periodic payment mechanism in perpetual contracts that keeps the contract price aligned with the underlying reference price.

• Leverage: A mechanism allowing traders to control a larger position than their deposited capital would otherwise permit.

About Bitunix

Bitunix is a global cryptocurrency derivatives exchange trusted by over 5 million users across more than 100 countries. The platform is committed to providing a transparent, compliant, and secure trading environment for every user. Bitunix offers a fast registration process and a user-friendly verification system supported by mandatory KYC to ensure safety and compliance. With global standards of protection through Proof of Reserves (POR) and the Bitunix Care Fund, Bitunix prioritizes user trust and fund security. The K-Line Ultra chart system delivers a seamless trading experience for both beginners and advanced traders, while leverage of up to 200x and deep liquidity make Bitunix one of the most dynamic platforms in the market.

Bitunix Global Accounts

X | Telegram Announcements | Telegram Global | CoinMarketCap | Instagram | Facebook | LinkedIn | Reddit | Medium