What makes it different is its age. SpaceX only listed on Nasdaq on 12 June 2026 under the ticker SPCX, so its price history spans a few months and is not yet long enough to draw long-term conclusions.

This article reads two kinds of data: the SPCX share price on Nasdaq and the price of the SPCXX token traded on Mobee. SPCX data is as of 2 October 2026 and token data is as of 1 October 2026. For the business and company background, see SpaceX stock.

Key Takeaways

• SPCX has been listed on Nasdaq since 12 June 2026 at an IPO price of US$135 per share.
• It closed at US$158.96 on 2 October 2026, about 18 percent above the IPO price but about 1 percent below the first-day close (about US$161).
• Market capitalization is about US$2.1 trillion, up from an IPO valuation of about US$1.75 to 1.77 trillion.
• The price dipped to around US$123 to 125 in late June and early July, so the path has been far from a straight line.
• The SPCXX token on Mobee traded at Rp2,700,392 as of 1 October 2026, up 1.37 percent over 24 hours, with 24-hour volume of about Rp1.06 billion, which is thin.

SPCX price action since the IPO

On day one SPCX closed at about US$161, roughly 19 percent above the offer price. It then dipped to around US$123 to 125 in late June and early July, about 7 to 9 percent below the IPO price, before recovering. As of 2 October it stood at US$158.96: about 18 percent above the IPO price, but almost back at the first-day close.

In other words, almost four months after the IPO, a buyer at the first-day close is roughly break-even, while someone who received an allocation at the IPO price is up about 18 percent. That gap shows how much entry timing shapes results, and it is normal for a newly listed stock.

The 7.4 percent rise on 2 October followed three launches within 13 hours, including a crewed mission to the International Space Station and a Starlink satellite deployment. On the other side, Starship was reported to have had engine issues on its latest orbital flight, and the company's AI data center plans remain unproven. SPCX is sensitive to operational news like this, which is why it can move several percent in a single day.

Reading the valuation

SPCX's market capitalization was about US$2.1 trillion on 2 October, compared with about US$1.75 to 1.77 trillion at the IPO. This figure now comes from open trading on every exchange day, not occasional closed-door deals, and the company must publish periodic financial reports that you can check yourself.

The data also shows an uncomfortable side. SPCX's price-to-earnings ratio is still negative, meaning the company has not yet posted a net profit, and some analysts put the turn to profit no earlier than 2027. Analyst price targets are also spread widely, from US$75 to US$450 according to MarketBeat data. A range that wide is not a sign that someone miscalculated. It shows that assumptions about the growth of Starlink, Starship, and AI data centers largely decide the outcome.

Latest SPCXX token figures on Mobee

SPCXX/IDR is available on Mobee, a token that tracks SpaceX's value and trades in rupiah.

The daily range from Rp2,662,253 to Rp2,722,672 is a gap of about 2.3 percent between the day's low and high. That is not an unusual move for an asset representing a stock this large.

The figure that deserves more attention is volume. Rp1.06 billion over 24 hours is a thin market. The practical consequence is that a large order can move the price on its own, and when you want to exit quickly, the price you get can be well away from the one displayed.

Why the token price can differ from the SPCX share price

SPCX trades only during Nasdaq hours and in US dollars. The SPCXX token trades in rupiah on a digital asset market that stays open, so its price is also influenced by the exchange rate, digital asset market sentiment, and the depth of the token's own market. How the token follows its reference price is also governed by the issuer's terms.

As a result, the token price and the share price cannot be compared number for number, and gaps can appear, especially outside US market hours. Keep in mind too that through this token you do not hold SpaceX shares, so there are no voting rights or shareholder rights. A general explanation of tokenized stocks is in how xStocks work.

How to assess your own position

With a short price history and no profit yet, what you can best control is how you manage risk.

Treat it as a high-risk asset. The valuation is already high, there is no profit yet, and the price has fallen about 7 to 9 percent below the IPO price within weeks.

Count the cost of exiting, not only of entering. In a thin token market, the gap between the buy and sell price is a real cost. Estimate your immediate loss if you bought and then sold again soon after.

Set a size you can afford to lose entirely. The framework is in crypto trading risk management.

Do not add to a position just because one day was sharply up. A rise after launch news is already priced in by the time you see it.

Frequently Asked Questions

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This article is for educational purposes and is not investment advice. Asset prices can change at any time, and the data in this article applies as of the writing date. Do your own research before making any decision.