SpaceX • Robinhood Token

SpaceX • Robinhood Token, listed under the symbol SPCX, is a debt instrument that Robinhood Assets (Jersey) Limited issues on Robinhood Chain to provide economic exposure to the SPCX share. The issuer's own label for the product is "Robinhood Token". Space Exploration Technologies Corp. (SpaceX) launches rockets and spacecraft and offers satellite internet; its Class A shares began trading on Nasdaq as SPCX in 2026. The full token label is Space Exploration Technologies Corp. Class A Common Stock • Robinhood Token.

The token is not the SPCX share itself. According to the issuer's documentation, a holder has no legal or beneficial right in the underlying security or against its issuer; voting and other shareholder rights do not pass to the holder unless the issuer documents them. Access varies by jurisdiction: the tokens are not offered in the United States and are restricted in places such as Canada, the United Kingdom and Switzerland.

Because of the multiplier, the token price and the SPCX share price differ. The multiplier is read from the chain and shifts with reinvested dividends and splits, so one token can correspond to a different amount of the underlying over time. Lzzo.com shows the Chainlink oracle value when it is fresh, and otherwise a reference: the underlying price multiplied by the multiplier. A reference is not a traded price.