STARTRADER lists SpaceX CFD as SPCX trades near $156

STARTRADER listed a SpaceX (SPCX) contract for difference days after the company's record-setting Nasdaq debut, giving retail traders exposure to the most anticipated IPO in market history.

"The rapid addition of the largest IPO in market history reflects our commitment to meeting trader demand in real time," the broker said in a statement.

SpaceX shares opened at $150 on June 12 and surged as high as $225 in the first three days of trading before pulling back. After three consecutive days of losses, the stock rebounded 1% to close near $156 on Tuesday, according to Investopedia data. The stock had touched an intraday low of $147 earlier in the session before reversing course.

The CFD listing allows traders to speculate on SPCX price movements without owning the underlying shares, potentially boosting trading volumes as retail interest in the stock remains elevated. SpaceX's relatively small public float and the speculative nature of some of its businesses could keep the stock volatile in the near term, with index inclusion and the expiration of insider lock-up periods serving as potential catalysts for further price swings.

The broker's move comes as a broader tech sell-off has weighed on recent high-profile listings. SpaceX's debut was one of several major AI-centric IPOs expected this year, alongside Anthropic and OpenAI, though the recent market turbulence has raised questions about the timing of upcoming offerings.

This article is for informational purposes only and does not constitute investment advice.