SPACEX (SPACEX)

Interesting how $SPACEX on @ventuals turned into a complete mess with a 17% spread. The OI cap got hit, so now positions can only be closed (and only with market orders). Don’t think anyone enjoys that kind of UX. Pretty much the same thing happened with Anthropic recently too, except that one also had like 8000% long funding.

After the Bitget SpaceX Pre-IPO ended, Pre-IPO assets on the market have multiplied, and their prices vary widely. Understanding these price differences is not complicated; first, you need to distinguish whether the trade is spot or contract. Bitget preSPAX is a spot token that reflects SpaceX stock price, backed by real equity and issued by the regulated entity Republic, with an initial valuation of 1.5 trillion. Many Pre-IPO tokens listed on wallets are also spot tokens, representing on-chain assets; overall on-chain liquidity is modest, but they should theoretically be anchored to the future price of SpaceX stock. Sometimes you may see SpaceX tokens priced at $2000; these are most likely pre-market contracts of SpaceX stock listed on some exchanges. Their price is much higher than spot because they are generally launched based on an estimated share capital of 1 billion. Once the official prospectus is released, the price will be rebased according to the actual share capital. What will be the price and valuation of SpaceX stock? Based on the Bitget preSPAX token price, SpaceX’s valuation is about 1.52 trillion; using the contract market prices on several exchanges, the valuation approaches 2 trillion, indicating strong bullish sentiment in the market. Different exchanges choose different product routes, but I firmly believe that while RWA assets offer more flexibility and liquidity, the core premise is always to reflect the price of the real underlying asset. This is why Bitget, when doing a Pre-IPO, first ensures it has genuine underlying assets. Therefore we also believe that the pre-market token preSPAX, issued based on real SpaceX equity, will be one of the RWA assets that most accurately reflects SpaceX stock price. As the official IPO approaches, its price discovery value will become increasingly evident. Moreover, as we previously promised, preSPAX will be exchanged 1:1 for SpaceX stock tokens after the IPO lock‑up period. Such commitments are possible only because there is an underlying asset.

OKX also launched contracts for SpaceX and other Pre‑IPO projects, but Jenni scanned the major CEX/DEX, why are the pre‑market trades for the same SpaceX so wildly different in price? OKX @okx : $1998 Gate @Gate : $1908 Bitget @bitget : $677 Binance Wallet @BinanceWallet : $722 Old Ma, tell me, which one should I buy? @elonmusk https://t.co/nmQapCKtHS

Recently, major CEXs have rolled out Pre‑IPO assets, with SpaceX being the prime example. However, because they’re not interoperable, have different market makers, and different underlying assets, each platform now has its own price. Current prices: • OKX SPACEX perpetual: ~$2,000 • Bitget preSPAX: ~$680 • Gate SPCX: ~$600 • Binance Wallet Pre‑IPO (PreStocks) SPACEX: ~$720

Suddenly realized that OKX already has the three companies I mentioned this afternoon. OpenAI, Anthropic, SpaceX. But let me be clear, this is not a stock. It's also not buying actual equity of these companies. Essentially, this is a contract product settled in U. The price references the valuation expectations of unlisted companies, private placement market quotes, market sentiment, and the platform's own pricing mechanism. In plain terms, it's a gambling product centered on "future valuation". But this phenomenon is quite interesting. If AI is the protagonist of this wave of productivity narratives, then SpaceX might be one of the most hardcore civilization narratives for the coming decades. Interstellar travel, Mars colonization, extraterrestrial civilization exploration… If Earth's liquidity runs out, we'll have to find aliens to take over. Alright. Go long on interstellar civilization with 10U.

SPACEX is first assumed not to break below its price, and everyone is enthusiastic about investing, but a trillion‑dollar market cap won’t increase much. Testing the OKX grid, leaving it for a few days to try, hoping it won’t liquidate. https://t.co/9JTXbrllYX

New week, new markets. Here’s what went live on BitMart Futures last week 👇 https://t.co/P4zuIxIA9D

Can we buy it? lol

Is there a tradfi venue to trade those so I could compare the oracles and price feeds? if @ventuals or anyone else has an answer pls https://t.co/G6XyU7ESGL