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.

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

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

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:

• How to go long on X-Perps

• How to go short on X-Perps

• How to set leverage on X-Perps

• How to set a take profit and stop loss on X-Perps

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.

• 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