Space Exploration Technologies Corp (UXSD) 

How to access SpaceX through SGX

SGX is launching three new US Singapore Depository Receipts, or US SDRs, linked to Grab, Sea and SpaceX. The SDRs will trade in Singapore dollars and in board lots of just 10 units, allowing investors to gain exposure to these US-listed companies with a minimum investment of less than S$30, based on their indicative launch prices. The SDR ratios for Sea and SpaceX also mean that each SDR represents only a fraction of one underlying US share. This lowers the amount investors need to commit compared with buying a full share directly in the US market. Source: SGX

What is SpaceX?

SpaceX is an American aerospace and technology company founded by Elon Musk in 2002. For much of its history, SpaceX was best known for building rockets, especially Falcon 9, the world’s first reusable orbital rocket. Reusable rockets...