FP Markets Expands CFD Offerings with SpaceX Listing

FP Markets, a prominent Forex and CFD broker, has broadened its share CFD portfolio by including Space Exploration Technologies Corp. (SpaceX) stock under the ticker SPCX. This recent addition, now accessible on FP Markets' MetaTrader 5 and cTrader platforms, enables traders to engage in SPCX with access to post-IPO fluctuations, long and short positions, and sophisticated trading tools.

SpaceX's initial public offering on June 12 gained significant market attention, setting a historic record by raising US$86 billion following an overallotment option. Initially priced at US$135, SPCX shares saw a surge to over US$200, highlighting typical first-year IPO volatility. FP Markets remains hopeful about SPCX's potential progress beyond the IPO benchmark, aligning with trends seen in other tech stocks.