SPAX Stock Summary and Trading Ideas (T-Rex 2X Long Spacex Daily Target ETF | ARCA:SPAX)

T-REX 2X Long SpaceX Daily Target ETF seeks daily leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify (200%) the daily performance of the publicly-traded common stock of Space Exploration Technologies Corporation (NASDAQ: SPCX) ("SpaceX"). The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 200% of the performance of SpaceX for the period. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 200% of the return of SpaceX for that period. Longer holding periods, higher volatility of SpaceX, and leverage increase the impact of compounding on an investor's returns. During periods of higher SpaceX volatility, the volatility of SpaceX may affect the Fund's return as much as, or more than, the return of SpaceX. The Fund, under normal circumstances, invests at least 80% of its net assets in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of SpaceX on a daily basis.

T-Rex 2X Long Spacex Daily Target ETF trades on the ARCA stock market under the symbol SPAX.

As of July 28, 2026, SPAX stock price declined to $6.17 with 416,910 million shares trading.

SPAX has a market cap of $20.11 million. This is considered a Sub-Micro Cap stock.

SPAX support price is $5.96 and resistance is $7.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPAX shares will trade within this expected range on the day.