SpaceX stock is not a company that investors can buy through standard channels. You will not find it on the New York Stock Exchange (NYSE) or the Nasdaq.
What is SpaceX?
It is an aerospace company that designs and builds rockets and communication satellites. It was founded in 2002 initially as Space Exploration Technologies Corp.
SpaceX is developing a deep space transport called Starship. A prototype is awaiting Federal Aviation Administration (FAA) approval for an orbital test.
Pros and Cons of Buying SpaceX Stock
There are a few pros to buying SpaceX stock. First, the company is on the cutting edge of commercial space travel and has enormous growth potential.
Google
Investing in trusts on the LSE may be difficult for US investors. Perhaps the most straightforward and least risky way to gain exposure to SpaceX stock is by buying Alphabet (GOOG, GOOGL) stock.
Secondary Markets
An alternative way to buy SpaceX stock is through the secondary market. Several online marketplaces link employees in private companies with pre-IPO shares and investors.