FP Markets has launched SpaceX share CFD trading immediately following the company’s historic market debut on 12 June. The global forex and CFD broker now offers Space Exploration Technologies Corp. (SPCX) across its MetaTrader 5 and cTrader platforms, giving clients exposure to one of the most volatile new listings in market history.
SpaceX raised approximately 86 billion dollars after underwriters exercised overallotment options, making it the largest IPO ever recorded. Initial pricing at 135 dollars per share surged to 150 dollars at opening before briefly exceeding 200 dollars on 16 June, then collapsing back toward pre-IPO levels. The extreme volatility mirrors typical large-cap tech IPO patterns, with historical comparisons to Meta Platforms showing significant first-year depreciation before eventual recovery.
FP Markets Chief Marketing Officer John Lewis cited unprecedented demand for high-growth technology stocks amid AI momentum and equity indices near all-time highs. The CFD offering allows traders both long and short positioning with flexible leverage during the post-IPO period.
FXnCO Insight
Traders should monitor SPCX volatility closely as historical IPO patterns suggest potential further downside before stabilization, creating both risk and opportunity for nimble CFD positions.
Source: Finance Magnates