How can I invest in SpaceX as a UK retail investor?
17 February 2026
Question by Caroline
How can I invest in SpaceX outside of a fund like EWI?
Answered by Boring Money
SpaceX is one of those companies that many investors would love to get a piece of, but because it remains privately held, you can't simply buy shares through a standard stockbroker.
That's where private equity investment trusts come in. As this article explains, around 88% of companies with revenues over $100 million are privately held, and SpaceX is one of the most prominent examples. These companies are choosing to stay private for longer, which means everyday investors need a different route to access them.
One of the most straightforward ways to get indirect exposure to companies like SpaceX is through an Investment Trust that holds private equity stakes. Scottish Mortgage Investment Trust is a well-known example that has built up private equity holdings alongside its listed equity portfolio, making it worth exploring for investors interested in this space. Scottish Mortgage Investment Trust first bought into SpaceX in 2018 and has since turned a $200 million investment into a $3.3 billion position, which now represents circa 15% of its portfolio. Four Baillie Gifford trusts in total have significant stakes in SpaceX, with three holding it as their top position. The other three are Edinburgh Worldwide Investment Trust Plc EWI, Baillie Gifford US Growth Trust plc USA, Schiehallion Fund Limited MNTN.
It's worth noting that with this approach, you're buying a slice of a broader portfolio rather than a direct SpaceX holding, so your returns will be influenced by the Trust's other investments too.
SpaceX has confirmed preparations for a potential 2026 IPO targeting approximately a $1.5 trillion valuation[1], which would make it far more accessible to everyday investors. Until then, investment trusts with private equity holdings remain the most practical route for most people.
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[1]TSG Invest

