Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
SpaceX’s first day on the market saw its stock price fall below the offering price, and Musk’s fortune first surpassed $1.27 trillion
According to Bloomberg data, thanks to SpaceX’s stock price coming in below its offering price on the first day of trading, Elon Musk’s personal wealth increased by $164 billion on June 16 alone, bringing his total net worth to more than $1.27 trillion, officially making him the first trillionaire in human history.
On Friday, SPCX went live on NASDAQ on its first trading day with an offering price of $135 per share. It opened at $150, up 11% from the offering price, and at one point during the day surged by more than 30% to $176.52. It ultimately closed its first day at $160.95, up 19.22%.
Entering Monday, SPCX’s closing price reached $192.5, with a total market value of about $2.52 trillion, making it the sixth-largest publicly traded company by market cap in the United States, behind NVIDIA, Google (Alphabet), Apple, Microsoft, and Amazon.
Market analysis suggests that investors’ optimistic expectations for SpaceX’s “Starlink” satellite internet business, the outlook for the commercial space sector, and its future deep-space exploration plans are the main reasons the company was strongly favored by the market on its first day of listing.
Meanwhile, according to market news, Musk holds about 42% of SpaceX. The strong performance of this IPO directly boosted his personal net worth past the trillion-dollar mark. This figure is equivalent to Switzerland’s annual GDP and far exceeds that of other top global billionaires.
#SpacX