Trade SpaceX on OKX: SpaceX X-Perp now available for European traders
SpaceX has gone public. Following its IPO on June 12, 2026, OKX is making a SpaceX X-Perp available to traders across Europe, giving you direct futures exposure to one of the most anticipated listings in history. SpaceX is not just another tech stock, it is the company redefining what is possible in space, from reusable rockets to global satellite internet.For European retail traders, gaining exposure to that story has never been straightforward, but that changes today. Trade 24/7, with up to 10x leverage, from a single OKX account, with no separate brokerage account required.
TL;DR
SpaceX went public on June 12, 2026, and is now tradeable on OKX as an X-Perp.
X-Perps are MiFID II-regulated futures derivatives that give you price exposure to SpaceX without buying the underlying stock.
Trade long or short, 24/7, with up to 10x leverage, all from your existing OKX account.
What is SpaceX?
SpaceX (Space Exploration Technologies Corp.) is the aerospace company founded by Elon Musk in 2002. Its mission is to reduce the cost of access to space and, ultimately, make humanity a multiplanetary species. It is widely considered the most consequential private space company ever built.Over more than two decades, SpaceX has achieved a string of milestones that were previously the exclusive domain of national space agencies:
First private company to launch, orbit and recover a spacecraft
First private company to send astronauts to the International Space Station, under NASA's Commercial Crew Programme
Developer of the Falcon 9, the world's first orbital-class reusable rocket, with more than 300 successful missions to date
Operator of Starlink, the world's largest satellite internet constellation, with over 6,000 satellites in orbit and millions of active subscribers globally
Developer of Starship, the most powerful launch vehicle ever constructed, designed for missions to the Moon, Mars and beyond
SpaceX is valued at approximately $1.75 trillion , placing it among the most valuable companies in the world. Its June 2026 IPO was one of the most significant market events in recent memory, opening access to a business spanning launch services, satellite internet, defence contracts and deep-space exploration.
What is an X-Perp and what are the key mechanics?
An X-Perp (Expiry Perp) is OKX's derivatives product that gives you price exposure to an underlying asset, in this case SpaceX stock, without requiring you to buy or hold the shares directly.If you are new to X-Perps, our guide What are X-Perps? covers the full mechanics in detail.
Key mechanics of SpaceX X-Perps:
Defined expiry date: X-Perps settle at a fixed settlement date of 5 years
Funding rate: X-Perps have a funding rate paid between long and short traders, keeping the contract price anchored to the underlying asset price
Up to 10x leverage: control a larger position relative to your margin, amplifying both potential gains and potential losses
24/7 availability: trade around the clock, including outside traditional US stock market hours, allowing you to react to news and price moves as they happen
USD-margined: positions are USD-margined and can be settled in USD, USDC or USDG, with no need to hold or convert other currencies or assets
One account, one margin pool: trade SpaceX X-Perps alongside crypto, commodities, ETFs and other X-Perp markets from a single OKX account
Potential gains and risks
X-Perps allow you to take a position in either direction. If you expect the SpaceX share price to rise after its IPO, you can go long. If you expect it to fall, you can go short. With leverage of up to 10x, a 5% move in the underlying price results in a 50% gain or loss on your margin. Gains can be substantial, but so can losses, and positions can be liquidated if the market moves sharply against you.To learn more about managing your positions:
For a broader comparison of X-Perps against buying real stocks, see X-Perps vs real stocks.
Why trade SpaceX on OKX?
For most investors in Europe, gaining exposure to a newly listed US stock quickly and cost-effectively has historically required a separate brokerage account, currency conversion and waiting for markets to open. OKX removes all of these barriers.
From June 12, 2026, European OKX customers can trade SpaceX X-Perps immediately after the IPO listing, at any hour, from the same account used for crypto and other TradFi X-Perp markets including the Magnificent 7, commodities such as gold, silver and oil, and SPY and QQQ indices.
Trade SpaceX price movements from the moment of its IPO
Go long or short to take a view in either direction
Access 24/7 liquidity, including outside US market hours
No separate brokerage account or currency conversion required
Rotate capital freely between SpaceX, stocks, commodities, indices and crypto within one account
Trade on a platform regulated under MiFID II, operated by OKX Europe Markets Limited, authorised and regulated by the Malta Financial Services Authority
How to get started
SpaceX X-Perps are available to OKX customers in Europe from June 12, 2026. To start trading, log in to your OKX account, go to the Derivatives section and search for the SpaceX X-Perp market.New to X-Perps? Read our step-by-step guide on how to start trading X-Perps on OKX.
Frequently Asked Questions
A SpaceX X-Perp (Expiry Perp) is a MiFID II-regulated futures derivative that gives you price exposure to SpaceX stock without needing to buy or hold the shares directly. It settles at a fixed date five years out, includes a funding rate to keep the contract price anchored to the underlying stock price, and can be traded 24/7 with up to 10x leverage from your existing OKX account.
No. SpaceX X-Perps are available directly through your existing OKX account in the Derivatives section. There's no need for a separate brokerage account, currency conversion, or waiting for US market hours. You can trade around the clock and manage SpaceX exposure alongside crypto, commodities, indices, and other X-Perp markets from a single margin pool.
Leverage amplifies both gains and losses. With up to 10x leverage, a 5% move in the SpaceX share price translates to a 50% gain or loss on your margin. If the market moves sharply against your position, you risk liquidation. It's important to use risk management tools such as stop losses and to understand how leverage works before trading.
