If you've been wanting to invest in SpaceX but have been waiting for the company to go public, Moomoo's SpaceX (SPCX) subscription channel is worth a look. For everyday investors, this is one of the few public ways to access a pre-IPO SpaceX investment opportunity. That said, it's important to stress that investing in private assets like this is very different from buying ordinary stocks. The upside can be high, but so can the risk.

Why the market is paying so much attention to SpaceX

Over the past few years, SpaceX has grown from a rocket company into one of the world's most important private tech companies.

Beyond the familiar Falcon launch business, Starlink has become one of the world's largest low-Earth-orbit satellite internet networks. At the same time, SpaceX also holds a large number of government and military contracts and continues to expand its share of the launch market.

When discussing SpaceX today, you can't look only at its traditional space business. As xAI in Musk's ecosystem develops rapidly, the market is paying more and more attention to the potential synergies among SpaceX, Starlink, and xAI. In other words, many people are following SpaceX not just because it's a space company, but because they're betting on one of the core private assets in Musk's ecosystem.

What is SPCX?

SPCX is the stock ticker for SpaceX after it goes public, with the goal of giving investors a chance to participate before SpaceX's IPO.

SpaceX's IPO subscription process needs to be completed by June 11, so if you want to subscribe, you'll need to move quickly.

How to participate through Moomoo

If you already have a Moomoo account, you can check the SPCX-related page in the app and follow the platform's prompts to subscribe. Whether it's available, the subscription requirements, allocation limits, timing, and final allocation results all need to be based on what's shown on the Moomoo page. Moomoo often offers account-opening bonuses and deposit bonuses. If you were already planning to open a brokerage account, taking the account-opening bonus along the way is reasonable; but it is not a good idea to open an account just for the bonus, and even less advisable to ignore the subscription risks just because of the SpaceX name.

Sign up for Moomoo through this site’s exclusive link and meet the deposit requirements to qualify for up to three rewards: up to $1,000 in Anthropic stock, $100 in trading coupons, and up to 8.1% APY on idle cash. You can also enjoy one year of Moomoo Engine’s premium features for free. Here’s a closer look at each offer. I think the best value is depositing $2,000 to get $200. If you have enough funds, you can deposit $10,000 to get $300. Idle cash can also earn 8.1% APY. The promotion expires on November 30!

First reward: New-user deposit bonus, worth up to $1,000 in Anthropic stock

  • Make an initial cumulative deposit of $500 to receive $30 worth of Anthropic stock -> 60-day holding period
  • Make an initial cumulative deposit of $2,000 to receive a cumulative total of $100 worth of Anthropic stock -> 60-day holding period
  • Make an initial cumulative deposit of $10,000 to receive a cumulative total of $200 worth of Anthropic stock> 60-day holding period
  • Make an initial cumulative deposit of $50,000 to receive a cumulative total of $400 worth of Anthropic stock -> 120-day holding period ($200 released after 60 days and the remaining $200 after 120 days)
  • Make an initial cumulative deposit of $100,000 to receive a cumulative total of $1,000 worth of Anthropic stock -> 180-day holding period ($200 released after 60 days, $400 after 120 days, and the remaining $400 after 180 days)

You can trade with your deposit or simply leave it in your account to earn interest. If you plan to trade, I recommend depositing a bit more so losses don’t bring your balance below the required threshold!

Second reward: Trading coupons. New users who deposit $100 receive 10 $10 trading coupons

  • You can use one coupon for each trade of $100 or more, which is basically an incentive to trade more. If you just want to cash out, you can buy SGOV.
  • You can also get another $10*10 in trading coupons if you refer a friend who signs up for Moomoo.

Third reward: High yield for new users, with up to 8.1% APY through the account-opening Cash Sweep bonus

  • New customers can participate in Cash Sweep as soon as they open an account. The coupon will be sent to the account and must be activated in the app.
  • Idle cash can earn 3.35% APY plus a 2-month 4.75% APY booster (with deposits and withdrawals available at any time and automatic trade settlement). This 8.1% APY applies only to the first $20,000 in cash deposits.

Note: This article covers Moomoo U.S. benefits and product features. Applicants using an SSN or ITIN can receive the rewards as usual by entering a U.S. address.

Risk warning

SpaceX is still a private company. Private assets do not have the same transparent and stable trading market as publicly listed stocks, and both valuation and liquidity remain uncertain. Investing involves risk and is not a guaranteed profit, so please manage your risk carefully.