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MEXC announced that trading for SpaceX (Nasdaq) targets is scheduled for June 12, with the second round of its SPACEX (PRE) Launchpad, offering tokenized exposure tied to SpaceX's valuation ahead of a potential listing, set to begin on May 28.
MEXC has introduced a SPACEX(PRE) Pre-IPO Launchpad event, allowing users to subscribe for tokenized instruments referencing SpaceX's valuation prior to any potential Nasdaq listing. The first subscription round ran from May 14–21, 2026, with 7,700 tokens offered at a set price of 650 USDT or USD1, divided across different user pools and employing a 0-fee structure for both subscription and trading.
Participation surpassed 38,000 users with total subscriptions exceeding $56 million, making the event highly oversubscribed. Trading of SPACEX(PRE) tokens, which do not confer equity or shareholder rights, commenced immediately after the subscription window with no lock-up. The initiative followed recent SEC filings by SpaceX and market attention on its reported Bitcoin holdings, which were cited as contributors to investor demand. Further SpaceX-themed incentives, including a US stock account opening reward pool, were also introduced.
To participate in the MEXC SPACEX(PRE) Launchpad event, users must complete advanced KYC verification, make net deposits of at least $100 (via on-chain, fiat, or P2P methods), and trade in spot and/or futures markets as specified in the campaign terms. Participants are required to avoid engaging in multiple Launchpad or conflicting reward programs simultaneously, and allocations in oversubscribed pools are distributed on a pro-rated basis, with any unallocated funds refunded. Residents of the United States and restricted jurisdictions are not eligible for the event. Interested users can start by registering through the official sign-up link.
MEXC is a cryptocurrency exchange based in Singapore, operating since 2018 and specializing in crypto-to-crypto trading with assets such as Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT). The platform offers access to over 120 cryptocurrencies, enables trading and P2P exchange services, and provides features like staking, holding, an affiliate program, and cryptocurrency ETF funds. For more details, see the broker profile on Traders Union.
In our earlier news about MEXC, we covered the broker's enhancements to its Futures Earn feature, offering users the opportunity to earn interest by staking stablecoins while trading flexibly. For more details, see the previous MEXC update on Traders Union.