CMC Markets Launches Pre-IPO Trading Platform With SpaceX As First Offering

CMC Markets has launched grey market pre-IPO trading capabilities, allowing retail clients to take long or short positions on private companies before public listings. The initial product focuses on SpaceX, offered through spread bets and contracts for difference (CFDs) tied to anticipated post-listing valuation movements.

According to Vaughn Affonso, Co-Head of Dealing at CMC Markets, the launch reflects growing retail demand for access to high-profile private firms. The offering enables positions to transition directly into listed share CFDs or spread bets once a company begins public trading. CMC Markets describes the expansion as part of its broader strategy to provide multi-asset access across equities, commodities, forex, and event-driven products within unified account structures.