The first Gate Pre-IPOs project, SpaceX (SPCX), will conduct the second-batch 7% stock unlock. As SpaceX adopts a phased stock unlock mechanism after its IPO, the corresponding proportion of shares will be unlocked and enter market circulation. According to the Gate Pre-IPOs: SpaceX (SPCX) Subscription Announcement, Gate is committed to providing SPCX holders with an exit channel for listed stocks after the target company's actual shares are unlocked.
The second batch of stock unlocks represents 7% of the target company's total allocation. As the first batch of 20% of shares has been unlocked, the remaining SPCX shares account for 80% of the original total allocation. Therefore, the conversion ratio for this batch is equivalent to 8.75% of current actual SPCX holdings.After the unlock is completed, the corresponding shares will be directly distributed to Gate Stock Accounts. Users can trade stocks directly at any time and freely choose to hold or sell them at an appropriate time. Gate provides users with a seamless investment experience from Pre-IPOs pre-listing subscriptions and internal market trading to direct access to U.S. stocks after stock unlocks.
Second-Batch Stock Unlock Arrangements
Total Amount Unlocked in the Second Batch: 11,865 SPCX (calculated based on the post-1:5 stock split quantity)
Unlock Ratio: 1:1
Stock Unlock Time: September 3, 2026, 12:00 (UTC)
Trading and Open Order Handling
To ensure the smooth completion of this stock entitlement conversion, SPCX holders are requested to handle their open orders in the SPCX market in advance:
If the available SPCX amount in the user's Spot Account is sufficient to complete this stock unlock, no order cancellation is required;
If the available SPCX amount is insufficient, the system will skip this unlock. Shares not unlocked in time will accumulate and be gradually released in subsequent rounds of stock unlocks.
Please check your SPCX holdings and open orders in your account in advance, and ensure that the SPCX used for this unlock is available (not in open orders).
Second-Batch Stock Unlock Rules
This unlock is calculated based on the actual SPCX holdings in users' Spot Accounts at the time of the snapshot.
SPCX that users previously acquired through Pre-IPOs subscriptions and have not sold, as well as SPCX subsequently acquired through market trading, will be included in this unlock based on actual holdings at the time of the snapshot.
SPCX that has been sold is not included in this unlock.
The target company's unlock allocation for this batch is 7% of the original total allocation. As the first batch of 20% of shares has been unlocked, the remaining amount to be unlocked is 80% of the original total allocation. Therefore, this stock unlock will be conducted based on 8.75% of users' actual SPCX holdings at the time of the snapshot .
After the stock unlock is completed, the shares will be directly distributed to Gate Stock Accounts. Path to view stocks:
Holdings corresponding to fewer than 0.01 shares are not eligible for this unlock.
Remaining entitlements not converted this time will continue to be processed according to subsequent unlock arrangements.
Subsequent Unlock Details
This is the second-batch 7% stock unlock for SpaceX (SPCX). The remaining portion will be processed gradually according to the target company's subsequent actual stock unlock and conversion arrangements.
The relevant lock-up and exit timelines disclosed in the previous Gate Pre-IPOs subscription announcement were estimated arrangements. As the target company's actual unlock schedule may change according to its stock unlock mechanism, subsequent unlock times and proportions will be subject to the target company's actual arrangements and Gate's official announcements.
About Pre-IPOs
Pre-IPOs is a digital subscription mechanism launched by Gate that focuses on opportunities to track the early value of high-quality projects before they list. Before target companies enter public markets, users can position themselves early and track their value, capturing market opportunities arising from company performance before and after an IPO.
Go to Pre-IPOs Now
Disclaimer
This product is a Mirror Note and does not represent actual stocks or shares of SpaceX, nor does it represent any legal relationship between investors and SpaceX. This offering is not associated with SpaceX. SpaceX has not participated in, authorized, or endorsed this product or any content in its marketing materials. SpaceX will not receive any proceeds and has not provided any information to Gate.
This content does not constitute any offer, solicitation, or advice. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services in restricted regions. Please read the User Agreement for more information.
Gate Team
September 2, 2026
Gateway to Crypto
Trade over 5,000 cryptocurrencies safely, quickly, and easily on Gate
Take Action Now
Sign up and claim up to $10,000 in welcome rewards
Invite friends and earn a 40% commission
Stay Connected
Visit Gate's official website
Download the Gate App | Desktop
Follow us on X (Twitter) to get more bonuses
Join our Telegram community to discuss trending topics
Engage with our global community for the latest insights
Transparency & Security
Check our 100% Proof of Reserves
