How to buy SpaceX stock (SPCX)
Let's answer the actual question first: you cannot buy SpaceX shares through a broker, because SpaceX is private and has never done an IPO. Everything else you have read about buying SpaceX stock is a workaround. This page walks through the workarounds honestly, including ours.
Why there is no SpaceX ticker on the Nasdaq
SpaceX shares exist, but they are held by employees, insiders and a small circle of funds. The company runs occasional tender offers so early holders can cash out, and those events are where its valuation gets marked. None of that is open to the public. Until an IPO happens, if it ever does, there is nothing to buy in a brokerage app.
The existing workarounds
Destiny Tech100, ticker DXYZ, is the best known. It is a listed fund that genuinely holds SpaceX shares, with SpaceX as its largest position. Two honest caveats: you are buying a basket of private companies rather than SpaceX alone, and the fund has often traded far above the stated value of what it holds. When you pay a large premium, SpaceX can do well and your investment still can not.
Then there are the accredited-investor platforms, the Forge and EquityZen style marketplaces. These trade real secondary shares, but you must qualify as an accredited investor, minimums are steep, transfers need approval, and a sale can take weeks to settle. They are built for large, patient positions, not for trading.
What Based offers instead
SPCX is a market on Hyperliquid, a decentralised trading platform, that tracks SpaceX. Based is the self-custody wallet you trade it from. It is quoted in USD and trades 24/7 like every other market here. You access it with no brokerage account, no bank account, just a self-custodial wallet, and no accredited-investor gate. You are trading a derivative: price exposure, long or short, with liquidation risk and funding fees. You do not own SpaceX equity and you hold no shareholder rights. Based is not a broker.
That distinction matters in both directions. You give up the claim on actual shares that DXYZ or a secondary platform provides. You gain the ability to open, close, hedge or short a SpaceX position in minutes, on a Sunday, at whatever size makes sense for you.
SpaceX (SPCX)
$136.04+1.1%24h
Pre-IPO · United States · quoted in USD
Also hard to reach, also on Based
SpaceX is not the only market people struggle to access. SK Hynix trades in Seoul and most US brokers cannot touch it. The memory sector it anchors, covered on our memory stocks hub, moves around the clock in a way exchange hours never matched. Micron and SanDisk both trade here 24/7 as well.
Frequently asked questions
- Can I buy SpaceX stock before the IPO?
- Not through a regular brokerage, because SpaceX is a private company with no listed shares. Before any IPO your options are indirect: funds like Destiny Tech100 that hold SpaceX shares, accredited-investor secondary markets with high minimums, or the SPCX market on Hyperliquid, traded through the Based wallet, which gives tradable price exposure 24/7 without owning shares.
- What is SPCX?
- SPCX is the ticker for the SpaceX market on Hyperliquid, traded through Based. It is not SpaceX equity. It is a derivative market quoted in USD that tracks SpaceX and trades 24/7, accessed with no brokerage account, no bank account, just a self-custodial wallet. You get price exposure, long or short, with liquidation risk and funding fees, and no shareholder rights.
- Is SpaceX publicly traded?
- No. SpaceX has never held an IPO and its shares do not trade on any stock exchange. The company occasionally lets employees and early investors sell shares in private tender offers, but those are closed events. Everything retail investors can access, including DXYZ and the SPCX market on Based, is indirect exposure.
- What is the difference between SPCX and DXYZ?
- DXYZ is Destiny Tech100, an exchange-listed fund that actually holds SpaceX shares among other private companies. You buy the fund, subject to its own premium or discount and its other holdings, during market hours. SPCX is a 24/7 derivative market on Hyperliquid tracking SpaceX alone, no fund wrapper, traded through the Based self-custody wallet.
Start in three steps
- Step 1
Connect a wallet
Any self-custodial wallet works. No account application, no paperwork.
- Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
- Step 3
Trade 24/7
Stock perps, crypto perps and prediction markets. Nights, weekends, holidays.
Based is a self-custody wallet, not a broker. Markets are perpetual futures on Hyperliquid: derivatives with liquidation risk and funding fees, not the underlying stocks or coins.