Saxo Bank took part in historic SpaceX listing and saw high demand for the stock

Copenhagen, 17 June 2026 - Saxo Bank, the digital broker for investors, traders, and institutional partners, recently participated in the largest initial public offering (IPO) in history, involving Class A common stock in Space Exploration Technologies Corp. (SpaceX). Through Saxo Bank's award-winning platforms, eligible clients in Denmark, France, the Netherlands, and Switzerland were able to place orders for shares in SpaceX prior to listing on the secondary market.

Daniel Belfer, CEO of Saxo Bank, commented:

"The SpaceX IPO was one of the most anticipated in years and we were very proud to be able to offer our clients the opportunity to take part in it - a first in Saxo Bank's history. Being chosen as one of the distributors cements Saxo Bank's role as a valued player in the financial industry and underlines the strength of Saxo Bank as a company."

Client behaviour around the SpaceX IPO

Client activity around the listing was significant and reflected a variety of investment strategies, among Saxo Bank's clients in Denmark, Switzerland, France, and the Netherlands who received shares in the primary market. Saxo Bank secured an impressive allocation amount for its clients and stood out as one of the few banks in the market able to grant shares in the IPO to a broad retail client base.

In addition, clients benefited from a fast, transparent, and fully digital booking process. The SpaceX shares appeared in client accounts early in the morning and well ahead of market open, which allowed clients to see their allocations in good time and plan their trading and investment decisions accordingly. Client feedback on both the access to the IPO and the seamless booking experience was very positive, underlining the strength of Saxo Bank's offering and client focus.