How to trade SpaceX stock in Gate Trading Space? A complete dual-channel guide to real stocks and CFD contracts

On June 12, 2026, SpaceX, the space exploration technology company under Elon Musk, officially listed on Nasdaq with the stock code SPCX. The IPO price was set at $135 per share, with a fundraising scale of up to $75 billion, surpassing Saudi Aramco's record in 2019 to become the largest IPO in global history. Based on the issue price, SpaceX's market capitalization reached $1.77 trillion, and on its first day of trading, it closed up 19.22% at $160.95.

For users who wish to participate in SpaceX investment, Gate provides two parallel trading paths: Real Stock Trading and CFD Contract Trading. The two methods differ significantly in product attributes, trading mechanisms, capital efficiency, and risk characteristics, making them suitable for users with different investment goals and risk preferences.

Gate Real Stock Trading: The Complete Path to Holding SPCX

What is Gate Real Stock Trading?

Gate officially launched its real stock trading service on June 1, 2026, transforming the platform from a cryptocurrency exchange into a multi-asset allocation platform. As of now, Gate TradFi has listed over 10,000 real stocks and ETFs, fully covering five major U.S. exchanges, including the New York Stock Exchange and Nasdaq.

As the first project under Gate's IPO Access program, SpaceX (SPCX) completed stock distribution on June 12, 2026, and officially opened for trading. Users participating in SPCX real stock trading through Gate's stock section hold the actual equity of SpaceX listed on Nasdaq, rather than any form of derivative or tokenized asset.

How to Participate in Gate Real Stock Trading?

The operational process for Gate real stock trading is highly standardized. After completing account registration and KYC identity verification, users download or update the Gate App to version 8.21.5 or above, transfer USDT to the stock account, and can then search for SPCX in the stock section and place orders. The entire process is carried out within Gate's unified account, without needing to open an overseas securities account or handle complex fiat currency conversions and cross-border fund transfers.

Core Features of Real Stock Trading

Clear Equity Attributes: SPCX purchased through Gate real stock trading represents actual shares of SpaceX listed on Nasdaq, granting the same shareholder rights as any traditional brokerage channel.

No Lock-Up Period: SpaceX shares allocated through Gate IPO Access are 100% unlocked upon distribution and can be traded in Gate's stock section on the very day of listing.

USDT Settlement: Gate real stock trading uses USDT as the settlement currency, allowing users to invest in U.S. stocks without needing to exchange for U.S. dollars.

Gate CFD Contract: Leveraged Price Exposure to SpaceX

What is a CFD Contract?

A CFD (Contract for Difference) is a derivative trading instrument that allows users to amplify their exposure to the price movement of an underlying asset through leverage, without actually holding the underlying asset. Gate has launched SpaceX-related CFD contract products in the stock contract section, supporting USDT settlement and leveraged two-way trading.

Before SpaceX's official IPO, Gate introduced a Pre-IPO perpetual contract (code SPACEX), becoming the first platform globally to list a SpaceX Pre-IPO perpetual contract. This contract is settled in USDT and supports 1-10x leverage. After SpaceX's official listing, the underlying asset price of the CFD contract is anchored to the market trading price of SPCX, providing users with a leveraged trading option.

Core Mechanisms of CFD Contracts

Leveraged Trading: CFD contracts allow users to open larger positions using a certain percentage of margin. The leverage multiple is chosen by the user, with different multiples corresponding to different risk exposures and capital efficiencies.

Two-Way Operation: CFD contracts support both long and short positions. Users can open long positions when expecting a price increase or short positions when expecting a price decline, profiting from the direction of price movement.

USDT Settlement: Consistent with real stock trading, Gate's CFD contracts also use USDT as the settlement currency, maintaining asset efficiency within the unified account.

No Underlying Asset Delivery: CFD contract trading does not involve the actual purchase or delivery of stocks. Settlement occurs solely based on the price difference between the contract opening and closing.

Core Differences Between CFD Contracts and Real Stock Trading

| Dimension | Real Stock Trading | CFD Contract Trading | | --- | --- | --- | | Asset Nature | Holds actual equity | Holds only price exposure | | Leverage | 1x (no leverage) | 1-10x (adjustable) | | Trading Direction | Long only | Long + Short | | Shareholder Rights | Yes | No | | Holding Cost | No funding rate | May incur funding rate | | Risk Characteristics | Underlying asset price volatility risk | Leverage amplification + funding rate risk |

Analysis of Suitable Scenarios for the Two Trading Methods

Who is Real Stock Trading Suitable For?

Real stock trading is suitable for investors with a long-term holding strategy. For users who are bullish on the long-term value of SpaceX's commercial aerospace, Starlink satellite internet, and AI infrastructure, holding SPCX real stock means directly participating in the company's equity appreciation. The unleveraged position structure keeps risk exposure in a 1:1 relationship with the underlying asset price movement, making it more suitable for investors with relatively conservative risk tolerance.

Who is CFD Contract Trading Suitable For?

CFD contract trading is suitable for active traders targeting short-term price movements. The leverage mechanism improves capital efficiency—users can gain price exposure equivalent to a full position without committing the full capital. The two-way trading mechanism allows users to potentially profit even in a declining market. However, note that leverage proportionally amplifies both potential gains and potential losses, and funding rates can also impact holding costs.

Gate's SpaceX-Related Product Matrix

In addition to real stocks and CFD contracts, Gate offers various SpaceX-related investment products, forming a product matrix covering the Pre-IPO, IPO, and post-listing phases.

Pre-IPO Tokenized Products: In April 2026, Gate launched a digital Pre-IPO participation mechanism, tokenizing traditional Pre-IPO equity through blockchain technology. Users can subscribe and trade using stablecoins like USDT, with a minimum participation threshold of only 100 USDT.

Tokenized Stocks: Gate listed SpaceX Ondo Tokenized (SPCXON) spot trading, a tokenized equity asset of SpaceX issued by Ondo. The SPCXON/USDT trading pair officially began trading on June 13, 2026, at 14:00 (UTC+8).

Stock Token Section: As of June 2026, Gate's stock token section has listed nearly 100 trading pairs, with over 70 tokenized stocks. The cumulative trading volume of Gate's stock token section had exceeded $140 billion by early 2026.

Market Performance and Trading Activity

On SpaceX's listing day, SPCX-related trading on Gate's platform showed extremely high activity. According to data shared by CryptoQuant analysts, Gate's tokenized SpaceX stock product recorded a first-day trading volume exceeding $100 million, far surpassing the first-day performance of all other tokenized stock products on the platform. SPCX became Gate's most actively traded equity-related instrument that day.

During the IPO subscription phase, cumulative intent-to-subscribe funds for Gate IPO Access's first project, SpaceX, exceeded $143 million, with over 13.4k participants. Within 24 hours of launch, intent-to-subscribe amounts exceeded 92 million USDT. Gate ultimately received a total allocation of approximately 33,900 shares of SPCX, worth about $20 million.

These figures indicate that both real stock and tokenized products for SpaceX on Gate's platform have good liquidity and market depth, providing a solid foundation for user trade execution.

Risk Warning

Investing in SpaceX stocks and related products involves market risk. SpaceX reported revenue of $18.7 billion in fiscal year 2025 but a net loss of $4.9 billion. Analysts' views on SpaceX's valuation vary significantly, with some institutional valuations showing large gaps from current trading prices. Daily stock price fluctuations reflect the market's ongoing digestion of information about this unique company spanning aerospace, telecommunications, and artificial intelligence.

The risk of real stock trading primarily stems from the price volatility of the underlying asset. CFD contract trading adds leverage on top of this, which can amplify losses. Users should carefully choose suitable trading methods and leverage multiples based on their risk tolerance, investment objectives, and financial condition. This content is for reference only and does not constitute investment advice.

Summary

Gate offers two clear trading paths for users wishing to participate in SpaceX investment:

• Real Stock Trading (SPCX): Purchase actual SpaceX shares listed on Nasdaq through Gate's stock section, holding real equity without leverage, suitable for long-term value investors. The operation path is: Log in to Gate App → Transfer USDT to stock account → Search SPCX → Place order.
• CFD Contract Trading: Participate in SpaceX contract-for-difference trading through Gate's stock contract section, supporting leverage and two-way operation, suitable for active traders targeting short-term price movements.

Both paths share Gate's unified account system and use USDT for settlement, allowing users to participate without opening an overseas securities account. The actual choice depends on the user's investment goals, risk preference, and trading horizon.

Frequently Asked Questions (FAQ)

Q1: Do I need to open an overseas securities account to trade SpaceX real stocks on Gate?

No. Gate real stock trading is completed within the platform's unified account. Users can participate after completing KYC identity verification, without needing to open an overseas securities account or handle cross-border fund transfers.

Q2: What is the difference between Gate's SpaceX real stock and tokenized stock?

Real stock (SPCX) is the actual equity of SpaceX listed on Nasdaq, and holders enjoy shareholder rights. Tokenized stocks (e.g., SPCXON, SPCXx) are equity tokenized assets issued via blockchain technology, representing a mapping of rights to the underlying stock. They differ in asset nature and rights structure.

Q3: What leverage is available for CFD contracts?

Gate's SpaceX Pre-IPO perpetual contract supports 1-10x leverage. The specific leverage multiple is based on the actual display on the platform, and users can choose according to their risk tolerance.

Q4: What currency is used for settlement when trading SpaceX stocks on Gate?

Both Gate's real stock trading and CFD contract trading use USDT as the settlement currency. Users do not need to exchange for U.S. dollars; holding USDT is sufficient to participate.

Q5: Is there a lock-up period for SPCX real stocks purchased through Gate?

SpaceX shares allocated through Gate IPO Access are 100% unlocked upon distribution, with no lock-up period. They can be traded in Gate's stock section on the very day of listing.

Q6: What SpaceX-related products does Gate offer?

Gate offers SpaceX real stock (SPCX), tokenized stocks (SPCXON, SPCXx), Pre-IPO tokenized products, and CFD contracts. Users can choose the investment tool that suits their needs.

Q7: Which version of the App is needed for Gate's stock trading?

Gate real stock trading requires App version 8.21.5 or above. Users can download the latest version from the Gate official website.