Investors in Mexico now have a new way to gain exposure to Elon Musk’s rocket and satellite company, SpaceX, after it became available on the Bolsa Mexicana de Valores (BMV), the country’s main stock exchange, through the Sistema Internacional de Cotizaciones (SIC), or International Quotation System.
The SIC is a mechanism that allows Mexican brokerage firms to list and trade shares of foreign companies locally, giving everyday investors a simpler way to add international assets to their portfolios without having to open accounts with brokers abroad. It’s commonly used to bring shares of large multinational firms—those not formally listed on the BMV—within reach of Mexican traders.
SpaceX, founded by Musk in 2002, remains a privately held company, meaning its shares aren’t traded on public markets the way those of, say, Tesla or Amazon are. Its addition to the SIC suggests growing interest from Mexican financial institutions in offering local investors indirect access to shares of high-profile private companies in the technology and aerospace sectors.
The move reflects a broader trend of Latin American exchanges expanding access to global tech and innovation-driven firms, even when those companies haven’t gone public through a traditional stock listing.
For more details on how this listing works and what it means for investors, read the full report from La Jornada.
Source: SpaceX llega a la BMV a través del Sistema Internacional de Cotizaciones (jornada.com.mx). English version produced with AI assistance.
Image: Dick Thomas Johnson, BY 2.0 (via Openverse).