SpaceX made its official debut on the Nasdaq stock exchange on June 12, 2026. This public listing by Elon Musk became the biggest initial public offering (IPO) in global history. It has set a fixed price of 135 USD for each share. Through this share sale, the company raised around 75 billion USD. The public listing now values the rocket and satellite company between 1.77 trillion USD and 1.8 trillion USD. The company submitted its preliminary registration documents to the regulators in May 2026. The listing officially took place at 9:30 AM Eastern Time on June 12.
People living in India can purchase these SpaceX shares through two main routes:
The first option is opening an account with an international stockbroker or an Indian investment platform that complies with the Securities and Exchange Board of India rules. Residents can send money abroad using the Liberalised Remittance Scheme of the Reserve Bank of India. This system allows an individual to send up to 250,000 USD every financial year for foreign investments. Buyers need a permanent account number card, a fully verified account, and an authorized bank link. These investments attract tax collected at source, capital gains tax, and dividend tax based on Indian regulations.
The second option is investing via mutual funds or exchange-traded funds. If Indian mutual funds buy these foreign stocks, local investors can buy units of those funds to get indirect exposure.
Individuals can also buy these shares through the financial hub in Gujarat International Finance Tec-City.
To use this route, an investor must open a global trading account with a registered broker operating on the India International Exchange or the NSE International Exchange. The user needs to submit identification documents. These documents include a permanent account number card, address confirmation, income proofs, and bank details. After verifying the documents, the user must transfer money to the trading account. The investor can then search for the company name or the ticker symbol on the portal and place a purchase order.
The public response to this offering was massive. Total orders from investors crossed 250 billion USD, which means demand exceeded the available shares by three to four times in multiple categories. Large institutional investors like BlackRock made massive bids. Because of this high demand, multiple stockbrokers lowered their minimum entry barriers for normal participants. The books closed with full oversubscription before the official trading started. In the unlisted grey market, investors valued the firm at more than 2 trillion USD.
The company generated 18.67 billion USD in revenue during the year 2025. However, it also posted a net loss of 4.94 billion USD for the same period. Investors are looking at long-term growth instead of current losses. This high valuation comes from the expansion of Starlink satellite internet, commercial rocket launches, defense contracts, and new space tech like the Starship rocket.
Disclaimer: This article is for informational purposes only and does not contain financial advice. Conduct independent research and consult a financial expert before investing money in the stock market.
Also Read:
No comments yet. Be the first to share your thoughts!