BitMart, a leading global cryptocurrency exchange, today announced that its inaugural BitMart IPOPrime offering – bSPCX, a tokenized fund linked to SpaceX (Nasdaq: SPCX) – has attracted over 37,000 participants and over 5.5 million USDT in total commitments since its launch on June 3. The engagement window ends on June 11, 2026 at 06:00 UTC, leaving less than 48 hours for eligible users to participate.
bSPCX is priced at 1 bSPCX = 135 USDT – a competitive entry point compared to prevailing secondary market prices – with a total supply of 55,000 bSPCX. The offering provides token holders economic exposure to SpaceX’s enterprise value before and after its planned listing on Nasdaq, with the flexibility to trade on BitMart’s secondary market once post-listing conditions are met.
Structural advantage: real equity, no lock-in, no position cap
BitMart IPOPrime is structurally distinct from the suite of SpaceX-related products currently available in crypto markets:
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Real Equity Backing: bSPCX represents token interests in a fund holding real SpaceX shares, sourced directly from major Wall Street investment banks – not a synthetic token or perpetual contract.
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No 6-month underlying lock-up: Once SpaceX is listed on Nasdaq and post-listing conditions are met, bSPCX holders can trade and exit at actual Nasdaq market prices – not a pre-market synthetic index, nor deferred settlement – taking advantage of the IPO’s early liquidity window from day one.
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No position cap: no maximum investment size per user
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IPO-Aligned Trading: bSPCX trades relative to actual IPO market prices once post-listing conditions are met following SpaceX’s debut on Nasdaq.
SpaceX: the investment file
SpaceX, founded by Elon Musk in 2002 and headquartered in Starbase, Texas, is a vertically integrated technology company with a current valuation of approximately $1.77 trillion. The company operates in three segments: space (Falcon 9, Falcon Heavy, Dragon, Starship), connectivity (Starlink) and AI (xAI, Grok, X Platform, Colossus). In 2025, SpaceX reported total revenue of $18.67 billion, with Starlink contributing $11.39 billion, an increase of 49.8% year-over-year, as the main profit driver. The company’s institutional ownership includes more than 250 global investors, including Google, Fidelity, Andreessen Horowitz, Sequoia Capital and Founders Fund.
SpaceX’s Nasdaq IPO (ticker: SPCX) targets a raise of around $75 billion.
IPOPrime as a platform
bSPCX is the inaugural offering on BitMart IPOPrime, a tokenized funds platform designed to provide seamless access to IPO and pre-IPO investment opportunities backed by real stakes, from institutional partners, without a six-month user-facing equity lock-in. Future IPOPrime offers will be developed on the same backbone.
Event timeline
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Phase |
Dates |
|---|---|
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Engagement phase (closing) |
Until June 11, 2026 – 06:00 UTC |
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Distribution phase |
June 11 – June 25, 2026 |
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Allocation phase |
June 25, 2026 |
Participate now
Eligible users can pledge at bitmart.com/ipoprime/space-x before the June 11 deadline. Availability is subject to jurisdictional restrictions.
This product is a token investment instrument that only provides economic exposure to the underlying target. It does not represent direct ownership or any shareholder rights in the underlying company. BitMart does not provide investment, legal or tax advice; Investors must fully understand the mechanics of the product and assess the relevant risks themselves.
About BitMart
BitMart is a leading global digital asset trading platform with over 13 million users worldwide. Consistently ranked among the best crypto exchanges on CoinGecko, BitMart offers over 1,700 trading pairs with competitive fees. Committed to continued innovation and financial inclusion, BitMart enables users around the world to trade seamlessly. Get started with BitMart here.
Disclaimer:
The information provided is for informational purposes only and should not be considered a recommendation to buy, sell or hold any financial assets. All information is provided in good faith. However, we make no representations or warranties of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of this information.
All crypto investments, including profits, are highly speculative in nature and carry significant risk of loss. Past, hypothetical or simulated performance is not necessarily indicative of future results. The value of digital currencies may increase or decrease and there may be significant risk in buying, selling, holding or trading digital currencies. You should carefully consider whether trading or holding digital currencies is right for you based on your personal investment goals, financial situation, and risk tolerance. BitMart does not provide investment, legal or tax advice.
