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Bitget introduces SpaceX Pre-IPO contract amid growing investor interest
Collins J. Okoth
- Bitget has launched the SPCXUSDT pre-IPO contract, offering SpaceX market exposure before IPO
- Traders engage in SpaceX valuation movements using 24/7 leveraged USDT-settled perpetual trading
- The platform expands the Universal Exchange model, integrating pre-IPO and tokenized financial markets
Bitget has introduced SPCXUSDT, a pre-IPO perpetual contract linked to SpaceX, giving users access to market positioning and valuation expectations for SpaceX, ahead of a potential public offering.
The new platform enables consumers to take part in price discovery and market positioning related to SpaceX. Bitget claims that SPCXUSDT provides the company with early market exposure prior to any public offering. It also enables users to actively engage in market movements and valuation expectations due to its USDT settlement and 24/7 trading schedule.
The company also said that funding costs are settled every eight hours, and the contract allows for leverage of up to five times with a minimum price change of 0.01.
The offering further offers consumers seeking exposure to SpaceX-related market movements a structured trading environment within Bitget’s larger multi-asset ecosystem
Bitget expands space economy access through pre-IPO trading
The launch of SPCXUSDT comes amid growing investor interest in the space economy. Industry projections indicate that the space economy will surpass $1 trillion by 2035 due to satellite connectivity, launch infrastructure, defense uses, and commercial space development.
The introduction further expands Bitget’s Universal Exchange model, where crypto assets, tokenized markets, traditional financial products, and pre-IPO opportunities operate within a unified environment. Bitget continues to expand access into earlier phases of market participation by launching IPO Pre-Market Perpetual Contracts, bringing previously unattainable opportunities closer to a global user base.
SpaceX growth drives new pre-IPO trading opportunity
SpaceX is increasingly serving as a stand-in for this more general market topic. Founded by Elon Musk in 2002, the company has grown into a significant force in satellite communications, aerospace, and space exploration through initiatives such as Falcon rockets, Starlink, and Starship.
The company has since then been regarded by many as a top candidate for an initial public offering (IPO) in the rapidly developing space economy.
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Collins J. Okoth
Collins Okoth is a journalist and markets analyst with 8 years of experience covering crypto and technology. He is a is a Certified Financial Analyst and holds a degree in Actuarial Mathematics. Collins has previously worked with Geek Computer and CoinRabbit as a writer and editor.
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