IPO Help Centre

No, unfortunately the IPO offer window cannot be reopened.

No, unfortunately the IPO offer window cannot be reopened. Once your International account is open and funded, you will be able to purchase SpaceX shares on market from the listing date (Friday 12 June U.S Eastern Time (E.T)).

You would have received an email from CommSec confirming that your application was received. Confirmation of receipt does not mean your application is guaranteed, funded, accepted by the issuer or allocated.

CommSec will put messaging up on our website and app when shares are allocated. An email will also be sent to every applicant containing the quantity of shares allocated, if applicable. However, there may be a delay in delivering shares to your account, the email notification or both. CommSec makes no representation that your shares will be delivered, or that you will be notified prior to the shares trading on the Nasdaq. You should check your account to confirm if your shares are available.

Delivery of allocated shares to your CommSec account before market open in the U.S on the listing day is made on a best endeavour basis. However, this cannot be guaranteed, as the delivery process relies on a number of third parties and external systems. Please note the Nasdaq opens at 9:30am (U.S E.T).

Delays outside of our control may affect when shares are delivered to your account. We recommend checking your account holdings regularly to confirm when your allocation has been completed. We will also inform customers on our website and app once shares have been allocated.

This usually happens when an IPO is oversubscribed, meaning demand for the shares is greater than the number of shares available.

If a scale back occurs, we will be able to confirm your allocation outcome. We can’t provide commentary on the reasons for the allocation decision itself.

If a scale back occurs, we will be able to confirm your allocation outcome. We are not able to comment on any other customers’ scale back.

The SpaceX IPO may be subject to a scale back on allocation. We are not able to disclose the details of this potential scale back.

The Australian Prospectus contained an indicative price. Only customers with bids above the Final Price of a single share will be allocated shares.

You can view the holdings in your international account by:

• Logging into CommSec
• Navigating to Portfolio
• Clicking onto the Holdings button next to your international account. Any SpaceX (SPCX) shares you have been allocated will be displayed here.

You can also see your holdings in the CommBank app, by clicking on your CommSec account.

Note: you will only be able to see your SpaceX holdings once/if they are delivered to your account.

SpaceX will be traded on Nasdaq and Nasdaq Texas, which can be accessed via your CommSec International account from Friday 12 June (U.S E.T).

SpaceX will be listed on the Nasdaq and Nasdaq Texas during market hours on Friday 12 June (U.S E.T) and can be traded from that time. There is no exact listing time available and may be late in the trading session.

The regular trading hours for the Nasdaq Stock Market are 9:30am to 4:00pm (U.S E.T), Monday through Friday. On Friday 12 June 2026, the regular Nasdaq market hours in AEST will run from 11:30pm on Friday 12 June to 6:00am on Saturday 13 June 2026.

SpaceX will trade on the Nasdaq and Nasdaq Texas under code SPCX.

No, SPCX will only be available in normal trading hours on the initial listing day.

Market orders: No. Market buy orders can only be placed after SPCX starts trading on market.

Limit orders: You may be able to place a limit buy order before SPCX starts trading. If accepted, your order will be queued and will only be eligible to execute once SPCX starts trading and your limit price can be met.

On the initial listing day, SPCX will only be available during normal U.S market hours. There is no exact listing time available.

You will receive a refund if your IPO application was not completely filled or not filled at all. You will receive a refund of the difference between your application payment and the price of any allocated shares less any applicable foreign exchange fees.

Yes, you will receive a refund for the difference between your application payment and the price of any allocated shares less any applicable foreign exchange fees. You may receive a refund of less than your application payment due to fluctuations in foreign exchange rates and foreign exchange fees.

In the case of either an AUD or USD refund, the proceeds of your refund will be credited to your International Wallet within 5 business days of settlement, being Monday 15 June 2026.

All CommSec applicants who bid in AUD will receive the same weighted average exchange rate irrespective of the time and date on which your application was submitted or when any refund is paid. The FX rate may differ between conversion to USD and the conversion back to AUD due to fluctuations in foreign exchange rates.

CommSec charged 0.55% for all currency conversions to USD for the purposes of facilitating your application for the SpaceX IPO.

Refunds may be converted (other than where the application payment was made in USD) by CommSec via its agent, Interactive Brokers LLC, from USD to AUD and the value of such refund may be adversely affected by fluctuations in the AUD:USD exchange rate between the time when you make your application payment and the time when it is converted.

No, CommSec will not charge a fee for the currency conversion on refunds. However, the conversion will be subject to the foreign exchange rate at the time the conversion occurs.

To apply for an international IPO made available by CommSec, you’ll need to submit your application online through the secure CommSec website via the CommSec IPO Centre.

Not all International IPOs will be available to all customers, and access may be subject to additional restrictions imposed by the issuer, regulators, or market operators.

To ensure your account is ready and activated, make sure all applicants have completed the required steps, and any additional assigned tasks. To see any additional tasks required, log into the CommSec website, navigate to Settings > Service Centre > Status Centre. Then, open your International Shares Account from Portfolio and launch the International Platform.

Before you submit an application, make sure you have funds in your International Wallet. To transfer funds, log into CommSec and go to Portfolio > International Shares Account > Transfer funds.

Your International Shares Account will be set up with an International Wallet. To fund your account, you’ll need to transfer money from your linked CDIA into your International Wallet.

You can do this via the CommSec website or CommSec app.

To transfer funds, log in to CommSec and go to: Portfolio > International Shares Account > Transfer funds.

Learn more about  how to fund your International Shares Account.

Eligibility can differ for each IPO. You should check the Prospectus, the Target Market Determination (if applicable), and the offer information shown in the CommSec IPO Centre.

You should also check that the CommSec account you choose to apply with is eligible and that your account details are up to date before submitting your bid.

There is no minimum application value. However, shares will only be allocated in full shares with no fractional allocation.

CommSec is only accepting applications in application dollars, noting that pricing is indicative. Where you apply in AUD, CommSec will convert the AUD to USD on your behalf, and the FX conversion fee will be deducted from that amount.

You will receive an email confirmation once your application has been submitted. Please note that your application is not fully processed until the funds have been debited from your International Wallet which will occur within 24 hours of your application being received.

Yes, you can submit multiple applications provided you have cleared funds available in your International Wallet.

CommSec will debit your full application amount from your International Wallet within 24 hours of your application being received. Please ensure that sufficient available funds remain available in your International Wallet until they are debited. If there are insufficient funds when a debit is attempted, your application will be cancelled and you will need to submit a new application.

You will receive a confirmation email once your application has been submitted. There is no confirmation of debit from your International Wallet.

A scale back occurs when an applicant receives fewer shares than they applied for. If your application is scaled back, the difference between your funded application amount and your final allocation value will be refunded according to the offer process.

The proceeds of your refund will be credited to your International Wallet within 5 business days of settlement.

A scale back can happen when there are more applications than shares available and so, the offer is oversubscribed. This means that the demand from investors is greater than the number of shares available. It can also happen because the issuer, broker, lead manager, or allocation process decides how shares should be distributed across different investor groups.

You should rely on the offer timetable and any Prospectus or supplementary or replacement Prospectus.

You can apply for an eligible IPO through the CommSec IPO Centre when an offer is available to you. 

1. Log into the CommSec website. 
2. Go to Trade > IPOs > IPO Offers. 
3. Choose the retail IPO offer you want to review. 
4. Download and read the prospectus and the Target Market Determination (if applicable). 
5. Choose the correct applying account. This is important because your account selection and bid amount will be final once submitted. 
6. Enter your application amount. 
7. Review all declarations and acknowledgements carefully. 
8. Submit your application online. 

Remember to keep enough clear and available funds in the linked International Wallet for the debit or payment process. 

No. You need to submit your IPO application through the CommSec IPO Centre. 

Your application money will be debited from your CommSec International Wallet attached to the CommSec International Shares Account you intend to use to apply. 

You should have enough clear and available funds in that account before you submit your application. If the debit rejects, you will need to submit a new application.

Once your IPO application is submitted, you will not be able to amend or cancel it.