How to Buy SpaceX Stock (SPCX) in Europe

For the first time, you can buy SpaceX stock through your normal brokerage account. The company listed on the Nasdaq under the ticker SPCX on 12 June 2026, priced at $135 per share, and closed its first trading day at $160.95, up 19.2%. That pushed its valuation above $2 trillion. If you are a European investor wondering how to buy SpaceX stock in Europe, the short answer is: open your broker, search SPCX, and place an order, the same as you would for Apple or ASML.

The longer answer matters more. Where you buy it, what you pay, and whether you should buy a brand-new $2 trillion stock at all are separate questions. Let's go through each.

SpaceX was private for 24 years. Now it isn't.

Until this month, owning a piece of SpaceX meant being an employee, an early venture investor, or an accredited investor paying six figures through secondary marketplaces like EquityZen or Hiive. A pre-IPO tender offer in early 2026 let staff sell shares at $420 each, valuing the company near $800 billion. Ordinary retail investors were locked out entirely.

The June IPO changed that. Elon Musk reportedly pushed to allocate up to 30% of the offering to retail buyers, roughly three times the 5-10% a typical listing reserves. The message was clear: the company wanted regular investors in the book, not just institutions. For Europeans, that means SPCX behaves like any other US-listed share from day one. No accreditation, no $100,000 minimum, no liquidity lockup.

How to buy SpaceX stock in Europe, step by step

The mechanics are the same across every major European broker:

1. Log in to a broker that offers US-market access. Degiro, Trade Republic, Interactive Brokers, eToro, XTB and Bitpanda all list SPCX.
2. Search for the ticker SPCX. Confirm the exchange shows as Nasdaq and the name reads SpaceX, not a leveraged product or a tracker with a similar symbol.
3. Choose your order type. For a volatile new listing, a limit order protects you from buying into a spike. A market order fills instantly but at whatever price the moment offers.
4. Place the order in the account currency your broker uses. Most euro accounts convert automatically.
5. Check the position settled correctly once the US market closes, and note your average entry price.

One thing SPCX is not eligible for: a tax-advantaged wrapper like the French PEA, which only holds European securities. You buy it in an ordinary securities account. The same goes for most EU equivalents, so check your country's rules before assuming a sheltered account will take it.

What each broker charges for SPCX

Fees on a single US stock are small, but the routing behind them is not identical, and that affects the price you actually get.

The headline number favours Trade Republic, but the flat €1 hides a detail worth understanding. Trade Republic does not send your order to the Nasdaq. It fills through a German venue, which can mean wider spreads during volatile US trading hours, especially for a stock seeing IPO-week swings. Degiro sends orders to the actual US exchange for around €2. Interactive Brokers routes straight to Nasdaq with per-share pricing that stays cheap until you trade in size.

If you want the deeper breakdown of how these two stack up beyond a single trade, our Trade Republic vs Degiro comparison for 2026 covers the full fee and feature picture. And if you are a Degiro user specifically, the 2026 Degiro fees breakdown explains the connectivity and currency costs that the €2 headline leaves out.

For most buy-and-hold European investors, the difference between €1 and €2 on a single order is noise. The spread you pay on a fast-moving stock is the larger cost, which is why the routing matters more than the commission.

The currency drag nobody mentions

SPCX is priced in US dollars. If your portfolio is in euros, buying it means taking on EUR/USD exposure whether you want it or not.

Here is what that does in practice. Imagine SPCX rises 10% over a year, but the dollar falls 8% against the euro in the same period. Your euro return is not 10%. It is closer to 1%, because the currency move ate most of the gain. The reverse is also true: a stronger dollar would add to your return on top of the share-price move.

This is not a SpaceX problem. It applies to every US stock a European holds. But it catches people out most on a stock they bought for the story rather than the spreadsheet. We wrote a full piece on how EUR/USD swings quietly reshape your returns if you want to see the maths worked through. The practical takeaway: when you track SPCX, track it in your home currency, so the number you see reflects what you would actually get if you sold today.

The valuation debate you should read before buying

A $2 trillion valuation on day one is not a small claim, and not everyone is convinced. On 3 June 2026, Morningstar argued the company was worth less than half its $1.75 trillion IPO target, citing how much of the price rested on future Starlink growth that has not happened yet.

That Starlink point is the heart of it. The satellite-internet arm makes up an estimated 58% of SpaceX revenue and is the only consistently profitable part of the business. There is no separate Starlink ticker, so when you buy SPCX you are largely buying a bet on Starlink subscriber growth, wrapped around a launch business that remains expensive to run. Reuters and other outlets have noted that the bull case depends heavily on Starlink scaling far beyond today's numbers.

None of this tells you whether to buy. It tells you what you are buying: a high-expectation stock where most of the value sits in projections, not current cash flow. Newly listed shares are volatile by nature, and the first weeks of trading rarely settle into a stable price. Treat any SPCX position as the speculative slice of a portfolio, not the foundation. This is not financial advice, and a freshly IPO'd stock is exactly the kind of holding where position sizing matters most.

If you are weighing US growth names against European holdings more broadly, our take on whether to rotate from US into European stocks in 2026 puts the SpaceX question in a wider allocation context.

Track it like a real position, not a lottery ticket

Buying SPCX is the easy part. The harder part is knowing what it does to your portfolio once it is in there. A single $2 trillion US stock can quietly become an outsized chunk of your allocation, add dollar exposure you did not plan for, and swing your weekly numbers more than the rest of your holdings combined.

This is where seeing everything in one place earns its keep. A portfolio tracker pulls your SPCX position in next to your Degiro holdings, shows the position in euros, and tells you what percentage of your total it now represents, so the excitement of a new stock does not blind you to a lopsided allocation. Zune.Money is built Degiro-first for exactly this: import your transactions, add SPCX, and watch how it shifts your sector, country and currency breakdown in real time. You can see how to set that up in our guide on getting started with portfolio tracking, or connect a Degiro account directly through the Degiro portfolio tracker.

The story of SpaceX going public is genuinely a milestone. A company that was off-limits to ordinary investors for over two decades is now a line item you can own. Just make sure it stays a line item, sized to a level you would be comfortable holding through the volatility a brand-new stock guarantees.

Add SPCX to your portfolio, see it converted to euros, and check what it does to your allocation in about three minutes. It is free to start.