#GatePreIPOs首发SpaceX Gate Pre-IPO Primer SpaceX, Retail Investors Can "Pre-Subscribe"



Gate.io Exchange announces that its Pre-IPO (pre-listing asset subscription) segment's first project is locked in SpaceX, launching the mapped note SPCX. This product aims to break the high barriers of traditional private equity, allowing crypto users to pre-position themselves for potential SpaceX IPO dividends with very low thresholds.

Key Subscription Information

Schedule: The subscription window is from April 20, 2026, 18:00 to April 22, 2026, 18:00 (UTC+8). After asset distribution, pre-market trading will commence.

Pricing and Scale: Each SPCX unit is priced at 590 USDT, implying a SpaceX valuation of approximately 1.4 trillion USD. The total subscription amount for the first phase is about 20 million USD.

Participation Threshold: Supports USDT/GUSD dual currencies, with a minimum of only 100 USDT, no high fees, and uses an "average locked-in amount per hour" algorithm for allocation.

Product Nature and Risks

SPCX is not direct equity in SpaceX but a mirror note created by Gate through OTC hedging. Its value is anchored to SpaceX's market performance before and after listing. Users can trade in the pre-market or, after IPO, exchange for stock tokens/cash according to the mechanism.

Risk Reminder: SpaceX has not yet officially filed for an IPO, and the Pre-IPO market has poor liquidity and extreme price volatility. SPCX is a complex derivative with risks including delayed listing of the underlying, valuation bubbles bursting, and platform payment credit risk. It is only suitable for high-risk appetite investors.
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