Elon Musk’s SpaceX Debuts on Nasdaq: How Indian Investors Can Get a Piece of the Action
Source: Economictimes
Arth Insight · What this means for your wallet
- SpaceX is now live on the Nasdaq with a valuation of $75 billion (approx ₹6.22 lakh crore).
- Indian investors can buy shares through international brokerage accounts using the LRS route.
- The 20% TCS applies to foreign remittances over ₹7 lakh, which investors must factor into their costs.
Wealth-Impact Simulator
See what a one-time investment could grow to.
Indicative estimate for education only — not investment advice.
Explore investmentsSpaceX has officially listed on the Nasdaq at a massive $75 billion valuation, opening doors for retail trade. While Indian investors could not participate in the IPO, they can now buy shares through the Liberalised Remittance Scheme (LRS).
- ▸SpaceX is now live on the Nasdaq with a valuation of $75 billion (approx ₹6.22 lakh crore).
- ▸Indian investors can buy shares through international brokerage accounts using the LRS route.
- ▸The 20% TCS applies to foreign remittances over ₹7 lakh, which investors must factor into their costs.
- ▸Analysts remain divided on whether the high entry valuation justifies the inherent risks of the space sector.
- ✓SpaceX is now live on the Nasdaq with a valuation of $75 billion (approx ₹6.22 lakh crore).
- ✓Indian investors can buy shares through international brokerage accounts using the LRS route.
- ✓The 20% TCS applies to foreign remittances over ₹7 lakh, which investors must factor into their costs.
- ✓Analysts remain divided on whether the high entry valuation justifies the inherent risks of the space sector.
Elon Musk’s aerospace giant, SpaceX, has made its highly anticipated debut on the Nasdaq today, carrying a staggering valuation of approximately ₹6.22 lakh crore ($75 billion). This milestone marks one of the largest listings in financial history, transitioning the company from a private venture into a publicly traded entity accessible to global investors.
Missed the IPO? You can still buy
While the initial public offering (IPO) was largely reserved for institutional players and private equity, Indian retail investors now have the opportunity to participate in the company's growth via the secondary market. Because SpaceX is listed in the United States, Indian residents can purchase shares by utilizing the Reserve Bank of India’s (RBI) Liberalised Remittance Scheme (LRS).
Under the LRS, an individual can legally remit up to $250,000 (roughly ₹2.07 crore) per financial year for foreign investments, including stocks. To buy SpaceX shares, Indian investors need an account with a domestic brokerage that has a tie-up with US platforms or a direct account with international apps like Vested, IndMoney, or Charles Schwab.
What should investors consider?
Market analysts are currently split on whether SpaceX is a 'buy' at its current price. Here are the primary factors at play:
- Unique Market Position: SpaceX currently dominates the private space sector, with recurring revenue from satellite launches and its Starlink internet service.
- Premium Valuation: At ₹6.22 lakh crore, many believe the stock is priced for perfection, leaving little room for error in its ambitious Mars missions.
- High Risk, High Reward: Unlike traditional tech companies, aerospace involves significant physical risks, where a single failed launch can impact investor sentiment.
Taxation and Costs
Indian investors must keep in mind that investing in US stocks involves more than just the share price. There are currency conversion fees and a Tax Collected at Source (TCS) of 20% on remittances exceeding ₹7 lakh in a financial year. Furthermore, any gains made will be subject to Capital Gains Tax in India, depending on the holding period.
While the excitement around Elon Musk’s biggest bet is high, financial advisors suggest that retail investors should treat SpaceX as a long-term play rather than a vehicle for quick gains, given the volatile nature of the space industry.
Investment in securities market are subject to market risks. Read all the related documents carefully before investing. This content is for informational purposes only and does not constitute financial advice.
Community Pulse · This story
How readers rate the outlook after reading this article. Anonymous · one vote per reader · updates live.
Some listings may be sponsored and Arth Vani may earn a referral fee. All information is for educational purposes only — verify terms and suitability with the provider before acting. Not financial advice.
Join the Arth Vani channels
Daily news summaries, IPO & market alerts on Telegram and WhatsApp.
Because you read about Stock Market
Elon Musk’s SpaceX Hits ₹148 Lakh Crore Valuation with Landmark US IPO
SpaceX has priced its historic US initial public offering at $135 per share, valuing the space exploration giant at a staggering ₹148 lakh crore. The move sets a global benchmark for the space economy and offers a new high-water mark for international tech valuations.
Rupee Gains 20 Paise to ₹94.20 Against US Dollar as Trade Talk Hopes Rise
The Indian rupee strengthened by 20 paise on Friday, reaching ₹94.20 against the US dollar amid progress in India-US trade negotiations. This slight appreciation is supported by steady foreign investment and favorable global oil prices.
Sterlite Tech Hits Lower Circuit: Profit-Booking Triggers 5% Slide After Massive Rally
Sterlite Technologies shares dropped 5% to hit the lower circuit as global weakness in AI and tech stocks prompted investors to lock in profits. The decline follows a massive one-month rally of 56%, signaling a period of volatility for retail investors.
Related Stories
Elon Musk’s SpaceX Hits ₹148 Lakh Crore Valuation with Landmark US IPO
SpaceX has priced its historic US initial public offering at $135 per share, valuing the space exploration giant at a staggering ₹148 lakh crore. The move sets a global benchmark for the space economy and offers a new high-water mark for international tech valuations.
Rupee Gains 20 Paise to ₹94.20 Against US Dollar as Trade Talk Hopes Rise
The Indian rupee strengthened by 20 paise on Friday, reaching ₹94.20 against the US dollar amid progress in India-US trade negotiations. This slight appreciation is supported by steady foreign investment and favorable global oil prices.
Sterlite Tech Hits Lower Circuit: Profit-Booking Triggers 5% Slide After Massive Rally
Sterlite Technologies shares dropped 5% to hit the lower circuit as global weakness in AI and tech stocks prompted investors to lock in profits. The decline follows a massive one-month rally of 56%, signaling a period of volatility for retail investors.
Studds Accessories Shares Surge 17% as Bengal’s Helmet Crackdown Ignites Demand
Shares of Studds Accessories rallied significantly following a strict enforcement of road safety rules in West Bengal. The helmet manufacturer reported a massive 70% spike in sales volumes within the state as regional authorities tightened compliance.
