Thursday, June 4, 2026

The Sun Nigeria

Bitget launches SpaceX pre-IPO product via new IPO prime platform

PIXx

Bitget has launched IPO Prime, a new market structure designed to provide users with tradeable exposure to global “unicorn” companies before they go public. The platform’s first listing features preSPAX, a digital asset tied to the economic performance of aerospace giant SpaceX.

​Powered by Republic, IPO Prime represents an expansion beyond secondary market trading. It allows retail participants to capture value during a company’s growth phase, a stage of investment historically reserved for institutional firms and high-net-worth private networks.

​The platform operates on a subscription-based model. Eligible users can apply for allocations in tokenized offerings, with limits determined by the user’s VIP tier. Following the initial subscription phase, these assets transition to Bitget’s over-the-counter (OTC) market, facilitating continuous pricing and liquidity within a regulated digital environment.

​The flagship offering, preSPAX, is designed to track the valuation of SpaceX. As one of the world’s most anticipated private companies, SpaceX serves as a high-growth benchmark for Bitget’s push into primary market access.

​“Since the inception of financial markets, pre-IPO access has been defined by exclusivity,” said Gracy Chen, CEO of Bitget. “IPO Prime allows users to participate earlier in a company’s growth cycle with the flexibility of continuous trading. This is a core pillar of our UEX vision—democratizing financial equality by shifting when and how investors can engage with emerging leaders,” she added.