Online broker FP Markets has expanded its equity offering to include share CFD for Space Exploration Technologies Corp (SPCX).

Alongside a rich selection of existing stock CFDs, this addition is available to trade immediately via FP Markets MetaTrader 5 (MT5) and cTrader platforms. Trading SPCX through CFDs with FP Markets offers clients exposure to post-IPO volatility, the ability to take both long and short positions, flexible leverage, and access to institutional-grade trading tools.

SpaceX made its stock market debut on 12 June, raising an initial record US$75 billion. Following the underwriters exercising what is known as the overallotment greenshoe option, the final total raised was around US$86 billion. While SPCX was initially priced at US$135 per share, demand drove its share price to US$150 at the open and eclipsed US$200 shortly after on 16 June before collapsing to test pre-IPO levels.

FP Markets Chief Marketing Officer John Lewis said:

‘With the ongoing momentum in the AI trade and global stock indices near all-time highs, demand for high-growth technology companies is unprecedented. Adding SPCX to the CFD offering underscores our commitment to offering investors flexibility and the opportunity to trade a widely watched stock on our broad selection of world-class trading platforms’.