How to Invest in SpaceX Stock: A Step-by-Step Guide to Buying SPCX
Space Exploration Technologies Corp. (SPCX) recently had its long-awaited IPO, the largest in history. That means SpaceX is now publicly traded — you can buy it today through any standard brokerage account.
Want to get in on the action? Here’s how easy it is to buy SPCX, which brokerage to open an account with, and whether the stock actually makes sense for you.
How to buy SpaceX (SPCX) stock: Step-by-step
Buying SPCX works exactly like buying any other Nasdaq-listed stock. All you need is a funded brokerage account and about five minutes.
Here’s how it works:
- Open your brokerage account — Log in to your existing account, or open one if you don’t have one yet. Keep reading to see our recommendations for the best places to open an account.
- Search for the stock — Enter “SPCX” or “SpaceX” into the search bar.
- Decide how many shares to buy — The big decision. Consider your investment goals and how much you’re willing to spend.
- Select your order type — Choose a market order to buy at the current price, or a limit order to cap the price you’re willing to pay.
- Submit your order — Confirm the details and place your order.
- Review your purchase — Check your portfolio to confirm the order filled as expected.
SPCX has been freely trading on Nasdaq since June 12. Any U.S. investor with a brokerage account can buy it on the open market — no minimum investment required.
Which brokerage should you use to buy SPCX?
The short answer: Any of the major brokerages will get the job done. But all three below charge $0 commissions on stock trades and let you buy SPCX without any account minimum.
Where they differ is in depth, research tools, and who they’re really built for.
Fidelity: Best brokerage overall
Motley Fool Money named Fidelity the Best Overall Stock Broker of 2026. That’s because it has no account fees or minimums, no-commission trades, fractional shares, tons of account options, great customer service, and more.
Fidelity also offers zero expense ratio index funds, which means it isn’t skimming anything off the top of those investments. That makes it a great place to park your retirement savings, if they aren’t there already. An index fund gives you exposure to an array of stocks at once for steady growth.
The trading tools are solid, though not as in-depth as some other platforms. But that’s a reasonable tradeoff for investors who are buying SPCX as part of a broader, long-term portfolio.
Charles Schwab: Best brokerage for IRAs
Charles Schwab is recognized as one of the best options for investing with IRAs, with a wide selection of mutual funds, no-commission trades, no account minimums, fractional shares, 24/7 customer service, and more.
It’s also got a clean, simple interface that makes it easy to start trading from day one. Or, if you want something more in-depth, Schwab has that, too, with its “thinkorswim” platform offering advanced, customizable investment tools.
If SpaceX is part of a long-term retirement strategy for you, Schwab is a great place to look.
E*TRADE from Morgan Stanley: Best brokerage for both beginners and active traders
E*TRADE offers one of the more versatile investment platforms out there, with plenty of beginner-friendly resources alongside the Power E*TRADE platform for active traders. You’ll also get most of the same perks and investment options here, including access to mutual funds, commission-free trades on stocks and ETFs, and more.
One downside: E*TRADE doesn’t offer fractional shares, which matters if you want to buy a smaller piece of SpaceX or don’t have the money to buy whole shares.
Before you go with E*TRADE, I recommend doing some thinking on your investment goals. If SpaceX is one part of a larger puzzle for you, E*TRADE is definitely viable. But if you just want a fraction of a share of SpaceX, you’re probably better off elsewhere.
Should you buy SpaceX stock?
SpaceX is a genuinely exciting company, but that doesn’t automatically make it a good buy right now. It has tremendous promise and growth potential, but it’s also a riskier investment that might not live up to the hype — you’d need a strong risk tolerance to invest.
If you do buy, I say don’t go all in. SpaceX could be a massive winner — or it could be a case of a great company that’s overpriced. Start with a small investment in one of the top brokerage accounts, see how the stock performs over the next few quarters, and go from there.