Bitget launches new pre-IPO product with SpaceX as first listing

Bitget has introduced a new market structure that enables users to access and trade pre-IPO exposure to global unicorn companies such as SpaceX. The launch is powered by Republic and marks an expansion beyond traditional secondary market trading, enabling participation in pre-IPO value creation.

According to Bitget, the move represents a phase historically limited to institutional investors and private capital networks. The exchange extends its Universal Exchange framework into primary market access through IPO Prime, bridging a long-standing gap between private and public market participation.

Notably, IPO Prime operates through a subscription-based model. Eligible users can apply for allocations in tokenized offerings tied to specific companies.

Meanwhile, allocation limits are determined by user tier, with higher participation thresholds available at elevated VIP levels. Following the subscription phase, these digital assets transition into an over-the-counter market on Bitget, enabling continuous pricing, trading, and circulation within a structured environment.

Bitget CEO says exclusivity defines pre-IPO opportunities

According to Bitget’s CEO, Gracy Chen, access to pre-IPO opportunities has been defined by exclusivity since the beginning of financial markets. She adds that IPO Prime allows users to participate earlier in a company’s growth cycle, with the flexibility of continuous trading. Chen also notes that this shifts how and when investors can engage with emerging companies, which gives retailers and new investors a chance to buy in early.

The first offering under IPO Prime is preSPAX, a digital asset designed to mirror SpaceX’s economic performance following its potential public listing. As one of the most closely watched private companies globally, SpaceX represents the type of high-growth opportunity that has traditionally remained inaccessible to retail investors. Bitget will introduce two rounds of preSPAX token airdrops for eligible VIP users on April 13, 2026, at 10:00 (UTC) to mark the launch.

Bitget provides early participants with additional exposure

The Bitget UEX is also preparing to provide early participants with additional exposure as the platform begins onboarding its first offering. The official preSPAX token launches on April 21, 2026, at 12:00 (UTC), with the commitment period starting April 18, 2026, 18:00. It will end on April 21, 2026, 18:00 (UTC), and the distribution period will run from April 21, 2026, 18:00 till April 21, 2026, 22:00 (UTC).

The introduction of IPO Prime is a new route to traditional financial opportunities, structured and accessed in new ways. As boundaries between asset classes continue to blur, platforms are expanding beyond traditional and crypto trading to include early-stage market participation. Within Bitget’s Universal Exchange model, IPO Prime aims to integrate diverse financial opportunities into a single, unified environment.

To find out more about IPO Prime and preSPAX, visit the official website to join the over 125 million Bitget users worldwide. The exchange currently offers access to over 2 million crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals, including gold. 

The Bitget ecosystem is also committed to helping users trade smarter with its AI agent, which co-pilots trade execution. The exchange is further driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. It has also joined hands with UNICEF to support blockchain education for 1.1 million people across 150 regions worldwide by 2027.