By Benadeta Mwaura - Reporter
U.S June 22, 2026 - Retail traders will now be able to speculate on the price movements of Elon Musk's SpaceX after global brokerage firm JustMarkets announced the launch of Contracts for Difference (CFDs) linked to the aerospace company's newly listed shares.
The brokerage said clients will be able to begin trading SpaceX (SPCX) stock CFDs from June 17, following the company's historic debut on the Nasdaq stock exchange.
The move comes days after SpaceX completed the world's largest initial public offering, raising $75 billion at an offer price of $135 per share and valuing the company at approximately $1.77 trillion. The stock surged nearly 20% on its first trading day, highlighting strong investor appetite for exposure to the space technology and artificial intelligence sectors.
In a statement, a JustMarkets representative said the launch responds to growing demand for innovative investment opportunities.
"Financial markets continue to grow, and traders are increasingly interested in companies that are driving innovation across industries. SpaceX is one of the most recognized names in modern aerospace and technology," the representative said.
"By adding SpaceX stock CFDs to our product lineup, we are providing our clients with access to new market opportunities while continuing to expand the range of instruments available for trading," the company added.
Unlike traditional share ownership, CFDs allow investors to speculate on price movements without owning the underlying asset. Traders can take positions on whether a stock price will rise or fall, often using leverage, which can amplify both gains and losses.
JustMarkets said the new instrument will complement its existing range of CFD products, which includes foreign exchange, commodities, indices, cryptocurrencies, and equities. The company currently serves more than three million traders across over 160 countries.
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SpaceX's public listing has attracted intense global interest as investors seek exposure to the company's portfolio, which spans reusable rocket technology, satellite manufacturing, the Starlink broadband network, and artificial intelligence ventures.
The stock is expected to remain highly volatile in the coming months as options trading begins and the company becomes eligible for inclusion in major stock indices.
SpaceX shares closed at $201.80 on June 16, lifting the company's market value to about $2.65 trillion and placing it among the world's most valuable publicly traded firms.
However, market analysts have cautioned that the stock's sharp rise may not fully reflect the company's underlying financial performance. Despite generating an estimated $18.7 billion in revenue last year, SpaceX reported a net loss of $4.94 billion following the integration of its artificial intelligence business, xAI.
The launch of SpaceX CFDs reflects a broader trend among online brokerages seeking to capitalise on heightened retail investor interest in high-growth technology companies and alternative investment products.
JustMarkets warned that CFD trading carries significant risks and may not be suitable for all investors.