Onchain SpaceX IPO Stocks Available on Bitget Wallet via xStocks
Product
From rocket launches to the Starlink network, from crewed spaceflight to the Mars program,
SpaceX is one of the most closely watched technology companies in the world. It has also stayed private for years, leaving ordinary investors with almost no way to participate in its growth. Now, on Bitget Wallet via xStocks, you can access tokenized stock exposure to SpaceX!
Why SpaceX has everyone watching
SpaceX is the company that made reusable rockets commercially viable, built a satellite internet network spanning dozens of countries, and became NASA's primary partner for crewed spaceflight. It's been called the most valuable private tech company in the world and now the public gets a shot at it.
The reference subscription price is
$135 USDC per share, subject to change. (View FAQ below for more information).
What you're subscribing to
This subscription gives you access to tokenized SpaceX stocks through
xStocks – not direct equity. A few things to be clear about:
-
You'll receive a tokenized stock asset pegged to SpaceX's share price
-
This does not confer shareholder rights, voting rights, or dividends
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The final IPO price may differ from the $135 USDC reference price
-
Post-listing prices can be volatile — you may get back less than you put in
Subscription details
1.
Quota pool and subscription amounts
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Total quota: 3,000,000 USDC
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Minimum subscription: 10 USDC per account
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Maximum subscription: 5,000 USDC per account
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Subscribe using USDT or USDC across Ethereum, BNB Chain, Solana, Base, and Tron
2.
Fees
5% underwriting service fees will be deducted at time of subscription. For example: A 135 USDC subscription nets approximately 128.25 USDC in allocated assets.
3.
Subscription process
Everything happens fully onchain: Subscription, allocation, and distribution are all on-chain and publicly verifiable.
4.
Subscription timeline
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Opens: June 9, 16:00 (UTC+8)
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Closes: June 11, 16:00 (UTC+8) or when quota is full, whichever comes first
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Estimated distribution: June 12, 20:30 (UTC+8)
Note: Assets will be sent to the wallet address you use to subscribe.
Frequently Asked Questions (FAQ)
1. When will IPO subscribers receive their tokens?
Subscribed SpaceX tokenized stock tokens will be distributed via onchain airdrop starting June 12, 2026 at 20:30 UTC+8. No manual claim is required – tokens will be sent directly to your wallet.
2. Are there subscription limits?
Yes. Each user may subscribe to a maximum of $5,000 and a minimum of $10.
3. How does buying SpaceX IPO stock onchain differ from buying through a broker?
The onchain token is $SPCXx, a tokenized stock from xStocks. It tracks SpaceX's price but is not equivalent to holding actual shares. You get price exposure – not voting rights, dividends, or other shareholder rights.
4.
What is xStocks?
A tokenized stock product launched by Backed in 2025, designed to track the price of US-listed stocks and ETFs like AAPL, TSLA, and SPY. xStocks provides price exposure only – no underlying ownership or shareholder rights. Bitget Wallet has partnered with Backed to offer xStocks trading but does not independently verify the 1:1 backing arrangement. Availability and regulatory status may vary by jurisdiction. This is informational only, not investment advice.
5.
What are the advantages of xStocks over traditional stocks?
Compared to investing in stocks through a traditional broker, xStocks offers a more accessible onchain trading experience. Users do not need to go through complex account-opening processes and can trade and hold assets directly via blockchain networks.
xStocks supports instant settlement, fractional investing, 24/5 trading, and self-custody. Built on blockchain, it offers greater transparency and automation. Note: xStocks is not equivalent to direct stock ownership, and rights and risks differ from traditional investing.
6.
Why isn't the IPO subscription price fixed?
IPO prices are typically not finalized until after the subscription period closes. The issuer and underwriters set the final price based on order book demand, market conditions, and valuation. What you see during subscription is a reference range. The final price may fall outside that range. Bitget Wallet has no role in setting it.
7. When will the final IPO price be confirmed?
The final IPO issue price will be announced after the issuer and underwriters complete pricing and confirm the final allocation. As the final pricing process is led by the issuer and underwriters, Bitget Wallet is unable to provide a specific announcement timeline. Please continue to monitor the campaign page for the latest updates and final pricing information.
8. What is the underwriting service fee?
The 5% underwriting service fee is charged by the underwriter responsible for this issuance. It is typically calculated as a percentage of the IPO issue price and covers the costs of underwriting, allocation, distribution, and other services related to the offering. Bitget Wallet does not charge any additional underwriting service fees.
9.
What risks should I be aware of before participating
in
the
IPO?
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Price volatility risk The price of xStocks tokens may fluctuate significantly after listing. Investors may lose some or all of their invested capital.
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Issuance uncertainty risk Due to market conditions, regulatory requirements, or underwriting arrangements, the IPO subscription may be delayed, suspended, or cancelled. Should this occur, Bitget Wallet will make reasonable efforts to notify participants and handle any locked funds in accordance with applicable terms.
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Digital asset investment risk Digital assets and xStocks are both high-risk products. Bitget Wallet does not guarantee any returns. Users should assess risks independently and make their own investment decisions. Past performance is not indicative of future results.
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Non-ownership risk xStocks do not represent direct ownership of the underlying stocks or ETFs. Holders do not have shareholder rights, including voting rights, dividend rights, or the right to make claims directly against the underlying issuer.
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Collateral risk The assets backing xStocks tokens may not always be the corresponding stocks. In some cases, cash or other eligible assets may be used as substitute collateral. Bitget Wallet does not independently verify collateral composition and makes no guarantee or representation that any xStocks token will continuously maintain 1:1 backing.
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Regulatory risk The availability and regulatory status of xStocks and related IPO services may differ by jurisdiction. Participants are responsible for confirming that their participation is lawful and compliant in their local jurisdiction.
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Third-party issuer risk Bitget Wallet provides subscription process support only and is not the issuer of xStocks tokens. Bitget Wallet accepts no liability for the acts, omissions, or performance of Backed or its related issuing entities. All rights and obligations relating to xStocks tokens are the responsibility of Backed, the issuer.
Disclaimer: This subscription provides access to xStocks tokenized stock products, not direct ownership of SpaceX shares. Holders do not receive shareholder rights, including voting rights, dividends, or governance participation. The final IPO price is not fixed and may be higher or lower than the reference price shown during subscription. Post-listing prices may fluctuate significantly and you may lose some or all of your investment. Availability of xStocks and related services may vary by jurisdiction — please ensure participation complies with your local laws and regulations. This content is for informational purposes only and does not constitute investment advice or a guarantee of future returns.
About Bitget Wallet
Bitget Wallet is an everyday finance app designed to make crypto simple, secure, and usable in daily life. Serving over 90 million users worldwide, it offers an all-in-one platform to
swap and
earn crypto, and pay in stablecoins with
crypto cards. The app enables faster and borderless onchain finance, supported by advanced security and a $300 million user protection fund. Bitget Wallet operates as a fully self-custodial wallet and does not hold or control user funds, private keys, or user data. Transactions are signed by users and executed on public blockchains.
For media inquiries, contact
media.web3@bitget.com
2026-06-09
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