How to Trade the SpaceX IPO in Asia's Locked-Out Markets

A Tesla electric vehicle drives past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on June 8, 2026. SpaceX on June 5 signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company $920 million per month for access to a massive cluster of AI chips, according to a disclosure in its initial public offering filing. The deal, which will bulk up SpaceX's finances ahead of its IPO on June 12, covers a computing infrastructure of approximately 110,000 Nvidia GPUs -- the crucial hardware needed to power Google's AI models. (Photo by Patrick T. Fallon / AFP via Getty Images)