SpaceX Aktie kaufen 2026? So investierst Du vor dem IPO über NAO

The SpaceX stock is currently not available for purchase on the stock exchange – which is why there's no official SpaceX stock price. SpaceX remains private. However, through NAO, you can invest in the ARK Private Innovation ELTIF, a fund that already holds SpaceX and Databricks in its portfolio. This is precisely what makes it more interesting in the context of this search query than many other products that might be related to space travel or growth, but not directly to SpaceX.

At the same time, this topic is particularly timely right now. Reuters reported at the end of February 2026 that, according to Bloomberg, SpaceX might be considering a confidential IPO filing as early as March 2026, with a potential valuation of over 1.75 trillion US dollars. An IPO has not yet been confirmed. However, the question of how you can invest in SpaceX before an IPO is much more concrete today than it was a few months ago.

This article will cover: What options are there today if you want to invest in SpaceX? What constitutes more of a detour? And why is the path through NAO closer to what many actually mean when searching for SpaceX stock?

Why You Can't Simply Buy SpaceX Stock Today

SpaceX is not a publicly traded company. So, you can't simply search for and buy its stock in your broker app, as you would with Apple, Nvidia, or Tesla. There is no official SpaceX stock price, no ISIN, and no ticker symbol. This is precisely why searching for "buy SpaceX stock" is often frustrating. You quickly end up with news, speculations, or products that are only marginally related to SpaceX. The real question remains unanswered: How can one get an investment today that is truly closer to SpaceX?

The reason is simple: SpaceX remains private. This is no coincidence. For a company like SpaceX, this offers clear advantages. Staying private allows for more long-term decision-making, without constantly having to focus on quarterly figures and short-term stock market reactions. Especially in a business with long development cycles, high capital requirements, and significant technological bets, this makes a real difference.

For investors, however, this also means that there is no normal broker access, no official stock market price, and no daily tradability like with classic tech stocks. Therefore, anyone looking for an investment in SpaceX is ultimately not searching for a ticker, but for access to a private company.

At this point, a simple distinction helps. Firstly, there's the normal stock purchase via the stock exchange. Secondly, there are indirect publicly traded alternatives. And thirdly, there's a fund that is already invested in SpaceX.

What is Currently Known About the SpaceX IPO

What is currently reported in the media is significantly more concrete than it was a few months ago. Reuters reported at the end of February, citing Bloomberg, that SpaceX might be considering a confidential IPO filing as early as March 2026. A potential valuation of over 1.75 trillion US dollars is being discussed. SpaceX itself has not yet definitively confirmed this. So, the timeline could change.

For you as an investor, this point is particularly important: There are currently clear indications of a possible IPO. However, there is no freely tradable SpaceX stock yet. So, anyone looking for a way to invest in SpaceX today does not have to wait for a potential IPO. The question can be answered right now.

Ways to Invest in SpaceX Before an IPO Today

Pre-IPO Secondary Markets

The most direct way is through platforms where shares of private companies are traded. On paper, this sounds attractive at first. In practice, however, it's not a realistic standard option for most private investors. High minimum investments, limited access, and restricted liquidity make such platforms impractical for many.

Scottish Mortgage and Similar Trusts

Scottish Mortgage is often mentioned as a SpaceX alternative because the trust holds a significant SpaceX position. According to an official statement, the stake was 15.3% of total assets in December 2025.

Nevertheless, Scottish Mortgage doesn't truly solve the fundamental problem. Those searching for SpaceX stock are typically not looking for an investment trust with many other positions, its own stock market valuation, and additional complexity. Yet, that's precisely what you get here.

SpaceX is not the investment itself there, but rather part of a much broader product. Thus, Scottish Mortgage remains primarily one thing: an indirect route. For investors simply seeking a liquid stock market product, this can be sensible. For those specifically looking for a way to be as close as possible to SpaceX before an IPO, it remains more of a compromise.

Space and Defense ETFs

An ETF can be sensible if you generally believe in space travel, defense, or infrastructure. In Europe, for example, there is the ARK Space & Defence Innovation UCITS ETF. It invests in publicly traded companies within this sector. This is a thematic investment. However, it is not the same as an investment in SpaceX.

This is often where things are oversimplified. Those looking for SpaceX stock usually aren't just looking for any space-related product. The real question is more specific: How can I get an investment that is actually closer to SpaceX?

The ARK Private Innovation ELTIF via NAO

The ARK Private Innovation ELTIF is a fund that is already invested in SpaceX. Its first two investments are SpaceX and Databricks.

The crucial difference lies in how the fund invests. It allocates its capital to private companies, meaning firms that are not yet publicly traded. That's precisely why it's different from an ETF or an investment trust. You're not just investing in a general space theme, nor in a broad market product where SpaceX is merely one component. You are investing in a fund that already holds SpaceX in its portfolio.

It's also important to note: You are not buying SpaceX stock, but rather shares in a fund. And because the fund primarily invests in private companies, it is not exposed to the same daily stock market fluctuations as a regular stock or an ETF. At the same time, this also means the product is designed for the long term and is not traded daily. Redemptions are only possible quarterly.

Access to this has become significantly easier via NAO. The fund can be invested in there starting from €1. This makes an area more accessible that was long reserved primarily for institutional or very wealthy investors — explained more clearly and more easily accessible than through traditional pre-IPO detours.

Behind this access is NAO, Germany's largest app for Private Markets. Only selected funds make it onto the platform – six out of seven fail the selection process. Additionally, there's personal customer support, thousands of users, and access to Private Markets starting from just €1.

Why this is the more suitable answer for many

When someone Googles "invest in SpaceX," they usually aren't looking for just any space-related product. The question is typically much more specific: How can I get an investment today that is truly tied to SpaceX and not just to the topic of space travel?

This is precisely where the difference becomes important. An ETF gives you thematic exposure. A trust gives you a broader portfolio with a SpaceX component. The ARK Private Innovation ELTIF via NAO works differently: The fund already holds SpaceX. This makes it closer to the actual search query than the usual alternatives.

What "direct to cap table" simply means here

The term sounds more technical than it is. It means the fund invests directly into the ownership structure of the company, i.e., directly into the cap table. Not through multiple intermediate layers and, if possible, not through third-party SPVs. ARK explicitly states this as a characteristic of the fund.

For you as an investor, this primarily means one thing: fewer detours, more proximity to the actual investment.

What about the SpaceX stock price?

There is currently no official SpaceX stock price because SpaceX is not publicly traded. That's why you won't see a freely tradable price like with regular stocks. Instead, media reports usually discuss SpaceX's valuation. In connection with a potential IPO, there was recently talk of a possible valuation of over 1.75 trillion US dollars. However, that is not the same as an official stock market price.

What you should consider before investing

Before investing, it's especially important that you understand the product's structure. The fund is not a substitute for a regularly tradable stock or an ETF. It is designed for long-term investments in private companies.

This can be interesting if you already hold stocks or ETFs in your portfolio and want to add an area that you can't access through regular brokers. At the same time, such a product requires a longer investment horizon and a different understanding of liquidity.

The product is less suitable for people who expect daily tradability, want to trade short-term, or need their invested capital back in the short term.

Risks, Liquidity, and Investment Horizon

This fund is not for quick in-and-out trades. Unlike a regular stock or ETF, you cannot spontaneously sell every day. Redemptions are only possible quarterly and may be limited.

The reason is simple: The fund primarily invests in private companies. These companies are not traded on the stock exchange every day. Therefore, there is no continuous price you can refer to at any time. The value of such holdings is reassessed at longer intervals. This takes time and makes the investment less flexible.

It's also important to note: Not every private company develops successfully. Losses can occur, in the worst case even a total loss. Therefore, you should only invest money that you don't need in the short term and that fits a long-term investment horizon.

FAQ

Can you buy SpaceX shares right now?

Not as a regular stock market share. SpaceX is not yet freely tradable. However, through NAO, you can invest in the ARK Private Innovation ELTIF, which is already invested in SpaceX.

Is SpaceX already public?

No. While there are concrete media reports about a possible confidential IPO filing, there is no freely tradable SpaceX stock yet.

What is the difference between Scottish Mortgage and the ARK Private Innovation ELTIF?

Scottish Mortgage is a listed investment trust with a significant SpaceX position. The ARK Private Innovation ELTIF is a regulated private market fund that is already directly invested in SpaceX. These are two different product categories.

Is the ARK Private Innovation ELTIF an ETF?

No. The fund is an ELTIF 2.0 and not an ETF.

How do I invest in SpaceX through NAO?

To be precise: You do not invest directly in a listed SpaceX stock. You invest through NAO in the ARK Private Innovation ELTIF, which is already invested in SpaceX. NAO describes private markets as accessible from €1.

What are the risks of a pre-IPO investment?

The main risks include illiquidity, valuation uncertainty, default risks of individual companies, and the possibility that redemptions may be limited. The value can rise or fall. A loss up to a total loss is possible.

Conclusion

You can't simply buy SpaceX stock in your broker app today. That's precisely why many investors initially take indirect routes: here an ETF, there a trust, and in between, a lot of IPO speculation.

But if you're truly looking for a way to invest in SpaceX before its IPO, then the ARK Private Innovation ELTIF via NAO might be closer to what many are actually looking for with this search. Not because of a better story, but because of its structure: The fund is already invested in SpaceX and was specifically designed to provide access to private innovative companies that were previously primarily reserved for institutional investors.

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More information on the ARK Private Innovation ELTIF, current fund documents, as well as KIDs/KIIDs and risk disclosures, can be found in the NAO app.