- Bitget launched SPCXUSDT, a pre-IPO perpetual contract tied to SpaceX market valuation expectations.
- The contract offers 24/7 USDT-settled trading with up to 5x leverage ahead of any SpaceX IPO.
- Bitget says the launch expands access to pre-IPO opportunities within its Universal Exchange ecosystem.
Universal exchange Bitget has launched a new IPO Pre-Market Perpetual Contract tied to SpaceX. The move gives traders early exposure to one of the world’s most anticipated public listings.
The new trading product, SPCXUSDT, allows users to speculate on SpaceX’s valuation and market sentiment before any IPO.
Bitget Opens Early Market Access to SpaceX
According to the announcement, SPCXUSDT enables continuous 24/7 trading and is settled in USDT. The contract supports leverage of up to 5x and features funding fee settlements every eight hours, with a minimum price movement of 0.01.
Bitget said the product creates a structured way for users to participate in price discovery surrounding SpaceX, which remains one of the largest and most closely watched private technology firms globally.
The exchange added that the launch reflects growing demand for access to pre-IPO opportunities historically limited to institutional or private-market investors.
SpaceX Continues to Rank Among the Most Anticipated IPOs
Founded in 2002 by Elon Musk, SpaceX has emerged as a dominant player across aerospace, satellite internet, and commercial space exploration.
The company is known for products and initiatives including Falcon rockets, Starlink, and Starship, while also playing a growing role in satellite connectivity, defense infrastructure, and deep-space transportation. SpaceX remains one of the most closely watched upcoming IPOs in global markets.
Space Economy Interest Continues Rising
Bitget linked the launch to rising investor interest in the broader space economy, a market some industry forecasts estimate could surpass $1 trillion by 2035.
The sector’s growth is expected to be driven by expanding satellite infrastructure, commercial launch services, defense-related applications, and next-generation communication networks.
As one of the leading private firms in the industry, SpaceX has become a proxy for investor exposure to the expanding space economy narrative.
Bitget Expands Universal Exchange Model
Bitget said the new contract further strengthens its Universal Exchange model, which combines crypto assets, traditional financial products, tokenized markets, and pre-IPO opportunities within a single ecosystem. Bitget aims to broaden global access to earlier-stage market participation opportunities that were previously difficult for retail traders to access.
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