With the IPO of Space Exploration Technologies Corp., better known as SpaceX (SPCX), behind us, how can you trade it? I want to set up my SPCX investments by owning shares as well as a single-stock covered call ETF, writes Tim Plaehn, editor of The Dividend Hunter.
I expect the share price will pop higher from the IPO price of $135, but I hope to get a few shares for less than $200. This initial buy will be a starter position. I intend to accumulate additional SPCX shares over time. History shows that for any new stock, there will be opportunities to pick up shares “on sale” down the road.
(Editor’s Note: Tim is speaking at our 2026 MoneyShow Masters Symposium Las Vegas, scheduled for July 19-22. Click HERE to register.)
SpaceX (SPCX)
As an investment, SpaceX could become the greatest, largest, and most valuable stock of all time. The company’s market is outer space. Think about that. In 2025, SpaceX had 170 launches — more than the rest of the world combined. The company launches rockets, on average, every other day.
Along with accumulating SPCX shares, I will look for an SPCX-covered call ETF. I am sure that YieldMax and Kurv will quickly launch this type of ETF. These types of funds let you earn cash income from stocks that pay little or no dividends.
My SpaceX investments will mirror what I do with gold and silver. I own the metals through an account with OneGold.com. I also accumulate shares of the gold- and silver-covered call ETFs I recommend in my newsletter services. The nice yields make it easier to navigate the ups and downs of the metal prices. For example, the Kurv Silver Enhanced Income ETF (KSLV) recently yielded 26.6%.
