How to Buy X (Twitter) Stock in 2026
After nine years as a public company trading under the ticker TWTR, Twitter was taken private by Elon Musk in April 2022 for $44 billion.*
*The deal closed in April 2022, but Twitter was not delisted until October 2022.
Following the acquisition, Musk fired many top executives, laid off 75% of the company's staff, and launched a subscription service for $8/month, all in an effort to reach profitability.
In mid-2023, with the business nearly breaking even, 50 of its top 100 U.S. advertisers stopped advertising on Twitter (which had been rebranded as X in July 2023), citing concerns over brand safety and content moderation issues.
Revenue cratered. In Q2 2024, X generated just $114 million in revenue in the U.S., down 84% from the same quarter two years earlier. By September 2024, Fidelity valued X at less than $10 billion, 79% lower than Musk's takeover price.
However, in the months following President Trump's reelection that November, advertisers came back to the platform, and the company was reportedly once again valued at $44 billion.
How X (Twitter) became a part of SpaceX
xAI acquires X
Then, in March 2025, Musk announced that his AI startup, xAI, had acquired X (Twitter) in an all-stock deal that valued xAI at $80 billion and X at $33 billion (a $45 billion valuation less $12 billion in debt).
At the time, Musk described the two companies' futures as "intertwined" and that the acquisition would help them "combine the data, models, compute, distribution, and talent.”
SpaceX acquires xAI
Less than a year later, in February 2026, SpaceX acquired xAI. Because X was a wholly owned subsidiary of xAI, the deal also brought the social media platform into SpaceX.
SpaceX goes public
On June 12, 2026, just four months after acquiring xAI, Elon Musk took SpaceX public in the largest IPO ever.
SpaceX now trades on the Nasdaq exchange under the ticker symbol "SPCX".
Can you buy X (Twitter) stock?
X (Twitter) is a subsidiary of SpaceX (SPCX), so the only way to invest in it is by buying SpaceX stock. I cover exactly how to do that in the next section.
While buying SpaceX stock will give you exposure to X, keep in mind that you will also be buying its rocket launching and manufacturing business (SpaceX), its satellite internet business (Starlink), and its AI business (xAI). Of these segments, X is the smallest component.
Therefore, buying SpaceX stock is only an indirect way to invest in X. Its performance will likely have a much smaller effect on SpaceX's stock price than the results of Starlink, xAI, and the company's space operations.
Still, SpaceX is the only available option for investors who want exposure to X. Just keep in mind that your investment thesis will need to extend well beyond the social media business.
How to invest in X through SpaceX
Here are the steps to buying SpaceX (SPCX):
- Open a brokerage account (if you need one, I like Public)
- Fund your account
- Type in "SpaceX" or "SPCX"
- Select "Buy"
- Enter the number of shares or amount in dollars you'd like to purchase
- Choose "Market order" or use a "Limit order" to set a purchase price
- Submit the order
If the market is open and your purchase price is at or above the current trading price, your order will be filled immediately.
You're now a part owner of SpaceX.
How much of SpaceX's revenue comes from X (Twitter)?
As mentioned above, X is a very small part of SpaceX's business.
In fact, SpaceX lumps X together with xAI in its "AI" segment.
Here's a look at the revenue and operating income of SpaceX's three segments, according to its S-1:
| Space (SpaceX) | Connectivity (Starlink) | AI (xAI, X) | |
| Revenue | $4 billion | $11.4 billion | $3.2 billion |
| Operating income (loss) | ($657 million) | $4.4 billion | ($6.35 billion) |
For more up-to-date figures, see SpaceX's KPIs.
Because X is grouped with xAI in SpaceX's filings, the exact amount of revenue and operating income (or loss) generated by X is not publicly available.
Alternatives to X
You may also be interested in investing in one of X's competitors.
Some of the best available options are:
- Meta Platforms (META) is the company behind Facebook, Instagram, and WhatsApp — three of the largest social media platforms. It also launched Threads, a direct competitor to Twitter, which recently hit 500 million monthly active users (MAUs)*. Meta generated revenue of $215 billion over the last year and is valued at $1.44 trillion.
- Snap (SNAP) is the parent company of Snapchat, the 9th largest social network with 930+ million MAUs. The company has a market capitalization of $7.85 billion on TTM revenue of $6.1 billion.
- Pinterest (PINS) combines social media with e-commerce and advertising. It has about 580 million MAUs, generated TTM revenue of $4.37 billion, and has a market cap of $11.4 billion.
- Reddit (RDDT), which became publicly traded in March 2024, is a digital community website. The company generated revenue of $2.47 billion over the last 12 months and is valued at $31.95 billion.
*See companies' key business metrics — like user growth, revenue segmentation, and more — with our Metrics pages. Check out Meta's metrics here.
You may also be interested in Alphabet (GOOGL), the parent company of Google and YouTube; Microsoft (MSFT), which owns LinkedIn; and ByteDance, which owns TikTok.





