How to access the SpaceX stock without a traditional exchange?

Are you dreaming of investing in SpaceX but can’t find this stock on the NASDAQ or NYSE? That’s normal: SpaceX has remained a fully private company since its founding in 2002, with no plans for a short-term IPO. But don’t despair, there are several entry points to gain exposure to this space exploration gem.

The true shareholders of SpaceX

Before looking into how to invest, understanding who controls SpaceX is useful. In 2021, Elon Musk held 43.61% of the shares of Space Exploration Technologies Corporation. Although a minority on paper, he retains full control of operations. Other shareholders include giants like Google, Fidelity, and especially Baillie Gifford, a Scottish firm that plays a central role in providing indirect access to SpaceX for individual investors.

The best access routes for investors

Via specialized investment funds

Destiny Tech100, listed on the NYSE, is the most direct option: this fund allocates 36.9% of its portfolio exclusively to SpaceX. It is currently the most concentrated public exposure available to this company.

Through Scottish trusts

Baillie Gifford offers two investment structures containing a stake in SpaceX: the Scottish Mortgage Investment Trust (symbol SMT) and the US Growth Trust (symbol USA). These two vehicles are traded on the London Stock Exchange and offer diversification while maintaining significant exposure to the space giant.

By going through mega-cap tech companies

Google, a shareholder since its $900 million investment in 2015, provides you with indirect exposure. By purchasing Google shares (GOOGL on the NASDAQ), you participate indirectly in SpaceX’s growth without direct access.

Regulatory context and prospects

Why does SpaceX refuse to go public? The company prioritizes strategic autonomy and long-term innovations, two elements that are difficult to reconcile with the quarterly demands of public markets. This situation is unlikely to change soon, placing investors in a logic of indirect solutions for the foreseeable future.

Summary of accessible options

To summarize your opportunities: Destiny Tech100 remains the simplest choice with its strong SpaceX concentration. The two Baillie Gifford trusts offer more diversification. Finally, Google shares represent a more liquid option but with more diluted exposure. Each of these approaches allows you to participate in the space revolution without waiting for a hypothetical SpaceX stock listing.