3-Minute Guide to Participating in the SpaceX IPO on Bitget

Original Source: Bitget
Author: Martin Talk

What Is Bitget IPO Prime?

Bitget IPO Prime is an innovative token sale platform launched by Bitget in April 2026, designed to bring rare participation opportunities in pre-IPO unicorn companies to global users, allowing ordinary users to equally enjoy the potential economic benefits brought by top IPOs, truly achieving financial equity.

Initial Launch Project: preSPAX

· Project Introduction: SpaceX, founded by Elon Musk in 2002, is committed to reducing launch costs with reusable rockets to drive commercial space development. Its representative products include Falcon 9, Dragon spacecraft, and Starship, with the long-term goal of achieving human Mars exploration and interplanetary life. preSPAX is a digital token issued by the regulated issuer Republic, aiming to reflect the economic performance of SpaceX's IPO post-listing.

· Core Mechanism: 1:1 Mirror the economic performance of SpaceX post-listing.

Two Historic Breakthroughs of Bitget IPO Prime:

· The world's first IPO participation using stablecoins—Bitget IPO Prime pioneered the industry by becoming the first platform to allow users to directly use stablecoins (USDT + USDGO) for subscription. Users can achieve instant payment and global circulation without cross-border currency exchange or settlement waiting, significantly reducing participation costs. This not only allows crypto users to seamlessly access the potential economic benefits of top unicorns in the most familiar and convenient stablecoin form for the first time but also signifies Bitget's bridge-like innovation between crypto and traditional top assets.

· Bitget Promotes Financial Equity—Traditional Pre-IPO projects typically have high participation thresholds, only accessible to qualified investors, institutions, or high-net-worth individuals, making it nearly impossible for ordinary users to participate. Bitget completely breaks down this barrier, bringing the potential opportunities of world-class unicorn companies to every user's hands. As long as you have a Bitget account (including VIP0 users), you can easily participate through stablecoins without complex qualification checks or high minimum investments, truly enabling global users to equally seize the opportunity to capture potential pre-listing upside gains.

Bitget adopts a subscription model, and trading will start immediately after the subscription, achieving real-time circulation 24/7. In the future, more high-quality unicorn assets will continue to be listed, making Bitget the preferred platform for users to capture pre-listing opportunities. Click the announcement for more details.

How to Participate in Bitget IPO Prime?

Bitget has prepared two participation methods for users: Airdrop + Subscription

VIP Airdrop

Bitget has prepared two rounds of preSPAX airdrops for platform VIP users.

· Airdrop Ceremony for VIPs (existing VIP users only): In this stage, there is a total of 760 preSPAX in the reward pool, with corresponding quotas based on your VIP level.

· VIP Accelerated Airdrop (newly promoted VIP users only): In this stage, a total of 190 preSPAX is set aside for high-value newly promoted VIP users. Simply register for the event and complete VIP upgrade to lock in eligibility and receive the corresponding airdrop quota.

IPO Prime Subscription

Subscription Details:

· Token Name: preSPAX

· SpaceX Implied Valuation: $1.5 trillion

· Total IPO Prime Subscription Quantity: 94,000

· Total Subscription Value: $61,100,000

· Subscription Price: 1 preSPAX = $650

· Investment Currency: USDT or USDGO

· Total Investment Pool Cap: $1,000,000,000

· Individual Minimum Investment (USDT or USDGO): $100

· Individual Maximum Investment (USDT or USDGO):

Users at VIP0 and above can participate, using USDT + USDGO to subscribe. Individual subscription limits are linked to Bitget VIP levels, with higher levels having larger quotas.

After the subscription ends: Users can trade on the upcoming OTC market; or after the end of the preSPAX underlying debt asset lock-up period, the issuer will instruct Bitget to reference the stock market price of the target company to convert it into stock tokens or USDT for users.

Participation Steps:

· Open the Bitget App or Bitget official website and go to the IPO Prime event page

· Check the airdrop eligibility and subscription quota corresponding to your VIP level

· Use USDT/USDGO for one-click subscription (no subscription fee or management fee)

· After the subscription ends, the secondary market will automatically open for free trading

Key Features:

· Direct stablecoin payment, allowing global users to participate with zero latency

· VIP level automatically matches the quota, with higher-level users enjoying stronger benefits

· Subscriptions are immediately tradable without the need to wait for unlocking

Increasing your VIP level = larger quota + more airdrops, enabling your funds to efficiently capture this historic opportunity with SpaceX!

Why Is It Worth Participating Now?

· Zero-threshold financial equality: VIP0 users can subscribe without any additional qualifications; simply having a Bitget account allows equal participation in world-class projects

· Ultimate stablecoin experience: Directly use USDT/USDGO for investment without the need for exchange, no complex procedures, instant global transactions, and an extremely simple operation

· Scarce leading assets: As the first global project to go live, SpaceX has an asset scale of 50 million, presenting an excellent scarce opportunity to capture potential upward gains

· VIP exclusive benefits stacking: Two rounds of airdrops totaling 500,000, with larger subscription quotas for higher-level users, ensuring that users of different levels can enjoy exclusive priority benefits

· Flexible exit mechanism: After the subscription ends, you can immediately enter the secondary market for trading, with 24/7 free circulation to seize opportunities at any time

· Continuous future opportunities: Bitget will introduce more world-class unicorn assets in the future, allowing long-term positioning on this platform to continuously enjoy top potential opportunities

Starting now means synchronously growing with top global innovative companies and seizing the best opportunity to enjoy potential economic gains!

FAQ

What is Bitget IPO Prime?

IPO Prime is an innovative token sale platform launched by Bitget in April 2026, providing rare participation opportunities in global unicorn companies before they go public, allowing participants to enjoy the potential economic benefits of an IPO.

How to participate in Bitget IPO Prime?

Adopting a Subscription Model, eligible users can participate, with individual subscription limits tied to Bitget VIP levels.

What is preSPAX?

preSPAX is an asset launched in the first phase of Bitget IPO Prime, a digital token issued by a compliant issuer, designed to reflect the economic performance of SpaceX's IPO.

Who is the issuer of preSPAX?

The preSPAX token is issued by Republic International Cayman, a company and its subsidiaries holding licenses in multiple jurisdictions, including the United States.

Does subscribing to preSPAX equate to a direct investment in SpaceX?

No. Holding preSPAX tokens represents a debt instrument from the issuer to the holders, aiming to reflect SpaceX's performance. It is not actual SpaceX stock; holding the tokens does not mean holding equity in SpaceX, nor does it entail voting rights, dividend rights, or any shareholder rights. preSPAX is not associated with the mentioned company and has not obtained any form of approval or endorsement from it.

What is the exit mechanism after subscribing to preSPAX?

After Bitget IPO Prime concludes, users can trade preSPAX tokens on the subsequent Bitget OTC market based on the rules. Additionally, users can wait for the underlying lock-up period of the preSPAX tokens to end (usually about 6 months after SpaceX's IPO listing), during which the issuer will instruct Bitget to exchange the tokens for stock tokens or USDT based on the target company's stock market price, as specified in the subscription agreement.

What happens to my investment if the company cancels the IPO or indefinitely postpones it?

If the target company fails to complete a qualifying trigger event (such as an IPO or acquisition) within the agreed-upon period in the subscription agreement, redemption will be executed according to the alternative terms in the subscription agreement. Please refer to the specific alternative redemption mechanism outlined in the subscription agreement signed at the time of subscription.

Is there a need to pay additional subscription fees, management fees, or custody fees to participate in IPO Prime subscriptions?

No, eligible users can participate for free. Token conversion fees are subject to the subscription agreement.

Is my investment in IPO Prime risk-free and guaranteed to be profitable?

No. Bitget IPO Prime involves various investment risks, including but not limited to: target company valuation fluctuation risk, the risk of a qualifying trigger event not occurring, and secondary market liquidity risk. Digital asset prices can fluctuate significantly, leading to a loss of your principal. Bitget does not guarantee any investment returns. Please fully understand the related risks before participating, invest only funds you can afford to lose, and seek independent professional advice when necessary.

Based on the total number of shares available for subscription through IPO Prime, does the Bitget platform actually hold a corresponding equity stake in the underlying asset?

The digital assets launched on the Bitget IPO Prime are issued by a compliant issuer, and the issuer and its collaborating institutions hold equity in the target company or related rights through compliant channels. Through agreement arrangements, the token issuance is ensured to be backed by real underlying assets.

This article is contributed content and does not represent the views of BlockBeats