Bitget Offers Pre-IPO Exposure to SpaceX with preSPAX Token
- Bitget launched IPO Prime, a platform for tokenized exposure to pre-IPO companies.
- The first offering, preSPAX, is a token tied to SpaceX’s post-IPO performance.
- SpaceX plans a June IPO with a $1.75 trillion valuation, seeking over $75 billion.
- preSPAX provides economic exposure without equity ownership or voting rights.
- SpaceX has not endorsed the preSPAX token offering.
Bitget’s IPO Prime allows retail investors early access to potential gains from tokenized exposure in emerging companies like SpaceX, without traditional equity involvement.
The launch of preSPAX marks a significant intersection of crypto and traditional markets, providing new investment avenues as SpaceX moves toward its anticipated public listing in June with a substantial valuation target. (Source)
