How can Indians invest in Elon Musk’s SpaceX?:World’s largest IPO’s shares to list today; expert advice – wait for correction

World’s richest man, Elon Musk’s satellite and Artificial Intelligence (AI) company, SpaceX, will tentatively list its shares on the US stock market on Friday, 12 June, 2026. This was the world’s largest Initial Public Offer’s (IPO) ever in history. Is the SpaceX IPO still open? No! The subscription windows of the shares in the IPO market i.e. in the primary market is already closed. The last day was Wednesday. While, shares were alloted to successful bidders on Thursday. And Friday is tentatively the epic day when the company’s shares will list on the American stock market. How can Indians buy shares of the company SpaceX? For the first time ever, common people are getting a chance to buy a piece of SpaceX. Here is a very simple, step-by-step guide on how a common man in India can invest in the AI company: Step-by-Step guide for Indian investors Direct Investing: 1.Open a US Brokerage Account: Download an app that allows Indians to buy US stocks. Popular apps include Indmoney, Vested, or Interactive Brokers (IBKR Mobile). Complete your digital paperwork (KYC) using your PAN card and Aadhaar card. 2.Add Money to Your Account: You need to send Indian rupees from your Indian bank account and convert those into US dollars. You can do this easily inside the investing app or through your bank net banking via the Liberalised Remittance Scheme (LRS) of the government of India. 3.Search for SpaceX: Once your dollars show up in the app, type SpaceX or its ticker name SPCX in the search bar. 4.Buy a full or fractional share: In the US, you do not need to buy a whole share if it is too expensive. You can buy a fraction (a small piece) of a share for as little as $1 or $10 (around ₹95 to ₹950). Enter the amount you want to spend and click buy. Congratulations! You would then own a piece of SpaceX in your portfolio! Indirect Investing: Upon listing, Indian investors can buy American stock exchange, Nasdaq’s Exchange Traded Fund (ETF). But for this, first they would have to make sure that SpaceX’s shares get listed on this tech-heavy stock exchange – Nasdaq. Important rule for Indians: A regular Indian citizen can legally send up to $250,000 (around ₹2.37 crore) outside India every year to buy foreign stocks under the Reserve Bank of India’s LRS rule. Expert advice: Don’t chase at listing; wait for correction Experts have advised the common man in India not to invest in the shares of the AI company upon listing at a premium. According to them, the valuation of $1.75 trillion (about ₹1.66 lakh crore) of the company doesn’t justify its earnings. So, they have advised retail investors to adopt ‘buy on dip strategy.’ At the proposed valuation, much of the future growth appears to be already reflected in the price. Therefore, retail investors should avoid aggressive buying on listing day and consider accumulating after the initial volatility settles. -Vinit Bolinjkar, Head of Equity Research, Ventura Securities Ltd I would generally advise caution and waiting rather than rushing in at listing for most retail investors. The IPO valuation appears stretched. -Santosh Meena – HoR, Swastika Investmart Will Musk become world’s first trillionaire today? According to an NYT report, Musk is not likely to become a trillionaire immediately after the IPO shares are listed on the Nasdaq, but a sharp surge in early trading of his company’s shares post listing could make him the world’s first trillionaire. SpaceX IPO Details at a Glance Elon Musk’s satellite company SpaceX has quoted a valuation of worth $1.75 trillion or around ₹166 lakh crore which is equivalent to about 50% or half of India’s GDP of ₹332 lakh crore. How many rupees Musk’s company aims to earn from the IPO? According to a news report by The New York Times, SpaceX would raise $75 billion (around ₹7.12 lakh crore) from the offering. Watchout – SpaceX is in loss An IPO prospectus released last month revealed the company’s financial results, with SpaceX reporting a loss of more than $4.9 billion (₹47,500 crore) last year due to increased spending on artificial intelligence, following a $791 million (₹7,514 crore) profit in 2024. As per the news report, revenue rose 33% to $18.7 billion (₹1.77 lakh crore). Elon Musk’s SpaceX to break world’s largest IPO record of oil company, Saudi Aramco: Saudi Arabian state oil giant, Saudi Aramco previously held the record of world’s largest IPO, holding a $1.7 trillion (₹161.5 lakh crore) valuation and raising more than $29 billion (₹2.75 lakh crore) when it went public in 2019. For the last seven years, Saudi Aramco, held the absolute record *The above figures are quoted on the basis of the rupee-dollar exchange rate of $1 = ₹95.