SpaceX stock is not a company that investors can buy through standard channels. You will not find it on the New York Stock Exchange (NYSE) or the Nasdaq. It is privately held.
It is an aerospace company that designs and builds rockets and communication satellites. It was founded in 2002 initially as Space Exploration Technologies Corp.
The main product is the Falcon 9 rocket, a reusable rocket. These rockets provide lower-cost launch services for satellites weighing up to 440 pounds (200 kilograms).
There are a few cons of buying SpaceX stock too. First, the company is private and pre-IPO shares are difficult to value, as well as having less liquidity.
Although SpaceX is raising money, most small investors cannot buy shares. However, institutional and high-net-worth individuals can. However, it is still possible to own a piece of SpaceX, either directly or indirectly.