How to get on board? Gate’s complete “direct IPO” step-by-step guide (for beginners)

After all that talk, you might wonder most: how exactly do you participate in SpaceX’s subscription? Don’t worry—I’ll walk you through it step by step.

This time, the main channel available for users in China is Gate’s “Direct to IPO” feature. First, let me emphasize: the threshold for a traditional U.S. stock IPO is extremely high—you need to open an account with a U.S. broker, and you usually also need to have the status of a qualified investor. But Gate’s move this time is truly very sincere: you can get on board with just 100 USDT, and the upper limit is 500,000 USDT.

How do you operate it? It’s very simple:

Step 1: Log in to the Gate App or the official website, and find the “IPO Access” entry. There’s a very prominent banner on the home page now.

Step 2: Choose the SpaceX project. The page clearly shows the reference issue price of 135 dollars per share, a subscription fee of 5%, and the subscription deadline of June 12 at 12:00 (UTC+8).

Step 3: Enter the amount of USDT you want to subscribe with. The minimum is 100 USDT, and then just wait for the deduction and the lock-up.

Step 4: The allocation results will come out around 22:00 to 23:00 on June 12. The shares will be automatically transferred into your Gate stock account. The code is SPCX, and you can trade the same day.

Here are a few key points to keep in mind:

First, this is not a guaranteed allocation. The final amount you receive depends on the total subscription size and the quota Gate actually gets. The weighting is calculated based on your locked-up amount and the subscription time. Earlier subscribers usually have higher weight.

Second, don’t forget to factor in the 5% fee. With the 135 dollars issue price plus 5%, your actual cost is about 141.75 dollars.

Third, after allocation, the shares are not subject to any lock-up period, which means you can sell on the first day of listing. For those of you who want to do short-term trading, this is good news.

Lastly, one more thing: SpaceX’s IPO hype is extremely high, so the proportion you get may be very low. It’s recommended to participate with spare funds—don’t use your money meant for meals to bet. There are risks in the market—get on board with caution!
#SpaceX認購規模超2500億美元