BitMart, a leading global cryptocurrency exchange, announced that its inaugural BitMart IPOPrime offering, bSPCX, has drawn more than 37,000 participants and over 5.5 million USDT in total commitments since launching on June 3. The tokenized fund interest is linked to SpaceX (NASDAQ: SPCX), providing holders with economic exposure to the company's enterprise value ahead of and following its anticipated Nasdaq listing. The commitment window closes on June 11, 2026, at 06:00 UTC, leaving less than 48 hours for eligible users to participate.

bSPCX is priced at 135 USDT per token, with a total supply of 55,000 bSPCX. The offering is structurally distinct from other SpaceX-linked products, featuring real equity backing sourced from leading Wall Street investment banks, no underlying six-month lock-up, and no position cap. Once SpaceX lists on Nasdaq and post-listing conditions are met, bSPCX holders can trade and exit at actual Nasdaq market prices.

SpaceX, founded by Elon Musk in 2002 and headquartered in Starbase, Texas, has a current valuation of approximately $1.77 trillion. In 2025, the company reported total revenues of $18.67 billion, with Starlink contributing $11.39 billion, up 49.8% year-over-year. SpaceX's Nasdaq IPO (ticker: SPCX) is targeting a raise of approximately $75 billion.

Event Timeline

bSPCX is the first offering on BitMart IPOPrime, a tokenized fund platform designed to provide ongoing access to IPO and pre-IPO investment opportunities backed by real equity interests. Eligible users can commit at bitmart.com/ipoprime/space-x before the June 11 deadline, subject to jurisdictional restrictions.