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Bitget announced the launch of two SpaceX-linked pre-IPO products: the preSPAX token, which provides tokenized exposure to SpaceX’s potential post-IPO performance (without conferring equity rights), and SPCXUSDT perpetual futures, allowing trading with up to 5x leverage on SpaceX’s valuation prior to its IPO.
Bitget has introduced two SpaceX-linked pre-IPO trading products: the preSPAX token and the SPCXUSDT perpetual futures contract. The preSPAX token, offered through Bitget's IPO Prime platform, mirrors SpaceX’s potential post-IPO economic performance on a 1:1 basis, but does not confer any equity, dividend, or voting rights; subscription was open from April 18 to April 21, 2026, with a total supply of 94,000 tokens and a listing price based on an implied $1.5 trillion SpaceX valuation. The SPCXUSDT perpetual futures contract allows users to speculate on SpaceX’s pre-IPO valuation using up to 5x leverage, with 24/7 trading and periodic funding fees. According to Bitget, neither product represents actual ownership in SpaceX, and both are subject to high volatility and associated risks.
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To participate in Bitget's SpaceX pre-IPO offerings, users can access two products: the preSPAX token (via Bitget's IPO Prime) and SPCXUSDT perpetual futures. For preSPAX, ensure you meet Bitget’s eligibility and verification requirements, then commit your funds during the subscription window; tokens will be allocated based on the total committed amount and then distributed to your account. For SPCXUSDT perpetual futures, access the futures market and trade the SPCXUSDT pair with up to 5× leverage. For more details or to register, visit the official sign-up link.
Bitget is a cryptocurrency exchange offering spot and futures trading with a range of crypto assets such as BTC, LTC, ETH, and USDT. The platform provides features such as demo accounts, a trade copying service, algorithmic trading, and support for both web and mobile access; commissions are competitive and can be reduced through a bonus program. For more information, visit the broker profile on Traders Union.
In our earlier news about Bitget, we reported on the launch of their Onchain Momentum Consensus Challenge Vol.1, a trading event with rewards for top traders. For more details, see the previous Bitget update on Traders Union.