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

Saxo Bank, the digital broker based in Copenhagen, participated in what it describes as the largest initial public offering in history — the listing of Class A common stock in Space Exploration Technologies Corp. (SpaceX). The event took place in June 2026, with Saxo Bank offering eligible clients in Denmark, France, the Netherlands, and Switzerland the chance to place orders for shares before the stock began trading on the secondary market.

Daniel Belfer, CEO of Saxo Bank, said the SpaceX IPO was one of the most anticipated listings in years and that being chosen as a distributor cements Saxo Bank’s role as a valued player in the financial industry. He noted that this was the first time the bank had offered clients participation in an IPO of this scale.

Client activity around the listing was significant and reflected a variety of investment strategies, according to the bank. Saxo Bank secured an impressive allocation amount for its clients and was among the few banks able to grant shares in the IPO to a broad retail client base in the four eligible countries.

Clients also benefited from a fast, transparent, and fully digital booking process. SpaceX shares appeared in client accounts early in the morning, well ahead of market open, allowing clients to see their allocations in good time and plan their trading decisions. Feedback on both access to the IPO and the seamless booking experience was very positive, underlining the strength of Saxo Bank’s offering and client focus.