SpaceX (SPCX) Protective Put Calculator
Calculator · free · no signup · SPCXPrice a protective put, zero-cost collar, or put spread on SpaceX. Annual cost, max loss, upside cap, tax treatment, auto-filled from current SPCX option chain.
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About SpaceX
SpaceX (SPCX) is a public Aerospace/Defense company, incorporated in Delaware and headquartered in Hawthorne, CA. IPO'd Jun 12, 2026.
Last close: $112.2 per share (as of 2026-07-31).
IPO June 2026.
Equity grants at SpaceX typically include incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs).
Space Exploration Technologies Corp., doing business as SpaceX, is an American spaceflight, telecommunications, and artificial intelligence company headquartered at the Starbase development site in Starbase, Texas. The company operates three divisions: "Space", which conducts more orbital launches annually than any other launch provider, including national programs; "Connectivity", which operates Starlink, a communications satellite company; and "Artificial intelligence", which operates Grok, X, and data centers.
Source: Wikipedia (CC BY-SA 4.0)
Elon Musk founded Space Exploration Technologies Corp. in March 2002 with the stated goal of reducing launch costs enough to make Mars colonization economically viable. SpaceX develops the Falcon 9 reusable rocket, the Starship heavy-lift vehicle, and Starlink, a low-Earth-orbit broadband network that reached 10.3 million subscribers across 164 countries by March 2026. The company reported $18.7 billion in 2025 revenue, with Starlink accounting for 61% of that total. SpaceX went public on Nasdaq in June 2026 under ticker SPCX, pricing at $135 per share and raising roughly $75 billion in the largest IPO in history.
Equity comp at SpaceX
- Twice a year (typically May and November), SpaceX organizes a window where employees can sell some of their vested shares to approved outside buyers. The industry name for this is a 'tender offer'. Because SpaceX is unlikely to IPO soon, these twice-yearly events are the main way employees can convert SpaceX equity into cash. Most planning questions for SpaceX employees ('when can I sell?', 'how much will I get?') really come down to the next tender's pricing and how many shares the company lets each employee sell.
- RSUs use double-trigger vesting. Two things must both happen before the shares are yours: (1) the normal time-based vesting completes, and (2) the company has a liquidity event (an IPO or an acquisition). Until both happen, you do not yet own the shares and you do not owe tax on them.
Researched 2026-05-06.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by SpaceX.
A protective put caps your downside on the SPCX position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current SPCX option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share SPCX position at $112.2 is worth $561,000. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $11,220 to $22,440) before any premium offset from a short call. The calculator prices both structures off SPCX's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All SpaceX tools → · Use the generic Protect Your Stock Calculator for any company.
SpaceX equity questions
- How much does it cost to hedge SPCX stock?
- The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and SPCX's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current SPCX option chain and shows the annual cost, maximum loss, and tax treatment.
- Does SpaceX grant ISOs, NSOs, or RSUs?
- Equity compensation at SpaceX typically takes the form of incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs). Incentive stock options can trigger the alternative minimum tax (AMT) when you exercise. Restricted stock units are taxed as ordinary income when they vest.
- When did the SpaceX IPO lockup expire?
- SpaceX (SPCX) went public on June 12, 2026. The standard post-IPO lockup runs 180 days, so employee and insider shares generally became sellable around December 9, 2026. Confirm against your own grant paperwork, since some lockups release early or in stages.
- Do SpaceX RSUs use double-trigger vesting?
- Yes. SpaceX restricted stock units (RSUs) vest only when two things both happen: the time-based schedule completes, and the company has a liquidity event such as an initial public offering (IPO) or an acquisition. Until both occur you do not own the shares and owe no tax on them.
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OptionsAhoy plans your SpaceX equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.