Understand how to participate in the SpaceX IPO on Bitget in 3 minutes

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 provide global users with rare participation opportunities before world-class unicorn companies go public, allowing ordinary users to equally enjoy the potential economic benefits brought by top IPOs, truly achieving financial equality.

The first project launched: preSPAX

• Project Introduction: SpaceX, founded by Elon Musk in 2002, aims to reduce launch costs with reusable rockets and promote the development of commercial space travel. Its flagship products include Falcon 9, Dragon spacecraft, and Starship, with a long-term goal of achieving manned missions to Mars and multi-planetary existence. preSPAX is a digital token issued by the regulated issuer Republic, designed to reflect the economic performance after SpaceX's IPO.

• Core Mechanism: 1:1 mirroring of the economic performance after SpaceX's IPO.

Two historic breakthroughs of Bitget IPO Prime:

1. The world's first IPO participation using stablecoins ------ Bitget IPO Prime pioneered the industry by becoming the first platform globally to allow users to directly use stablecoins (USDT + USDGO) for subscription. Users can achieve instant payments and global circulation without cross-border currency exchange or waiting for settlement, significantly reducing participation costs and allowing crypto users to seamlessly access the potential economic benefits of top unicorns in the most familiar and convenient stablecoin form, marking Bitget's innovative bridge between crypto and traditional top assets.

2. Bitget enables financial equality ------ Traditional Pre-IPO projects usually set extremely high participation thresholds, allowing only qualified investors, institutions, or high-net-worth individuals to enter, making it nearly impossible for ordinary users to access. Bitget completely breaks this barrier, bringing potential opportunities from world-class unicorn companies to every user. As long as you have a Bitget account (including VIP0 users), you can easily participate using stablecoins without complex qualification reviews or high minimum investments, truly allowing global users to equally enjoy the opportunity to capture potential upside before going public.

Bitget adopts a subscription model, with trading starting immediately after the subscription ends, achieving 24/7 real-time circulation. In the future, more high-quality unicorn assets will be continuously launched, making Bitget the preferred platform for users to capture potential opportunities before going public. For more details, click here.

How to participate in Bitget IPO Prime?

Bitget has prepared two forms of participation for users: Airdrop + Subscription

VIP Airdrop

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

1. VIP Airdrop Ceremony (for existing VIP users only): This phase has a total airdrop pool of 760 preSPAX, with corresponding amounts provided based on your VIP level. (Click to participate)

2. VIP Accelerated Airdrop (for new VIP users only): This phase is specially set up for high-value new VIP users with a pool of 190 preSPAX. Just sign up for the event and complete the VIP upgrade to lock in your eligibility and receive the corresponding airdrop amount. (Click to participate)

IPO Prime Subscription

Subscription details:

• Token Name: preSPAX

• Implied Valuation of SpaceX: $1.5 trillion

• Total Subscription Amount for IPO Prime: 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 Investment Minimum (USDT or USDGO): $100

• Individual Investment Maximum (USDT or USDGO):

Users of VIP0 and above can participate, using USDT + USDGO for subscription. Individual subscription limits are linked to the Bitget VIP level cap; the higher the level, the larger the limit.

• After the subscription ends: Users can trade in the upcoming over-the-counter market; they can also wait until the lock-up period of the underlying debt asset of preSPAX ends, after which the issuer will entrust Bitget to exchange for stock tokens or USDT based on the market price of the target company's stock.

Participation Steps:

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

2. Check your VIP level corresponding to the airdrop eligibility + subscription limit.

3. Use USDT / USDGO to one-click subscribe (no subscription fee, management fee).

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

Feature Highlights:

• Direct payment with stablecoins, zero time difference participation for global users.

• VIP level automatically matches limits; the higher the level, the stronger the benefits.

• Subscription is immediately tradable, no waiting for unlocking.

Upgrading VIP level = larger limits + more airdrops, allowing 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, just a Bitget account to equally participate in world-class projects.

• Ultimate stablecoin experience: Directly use USDT/USDGO for investment, no currency exchange, no complex procedures, instant global transactions, extremely simple operation.

• Scarce top assets: As the first project launched globally, SpaceX has an asset scale of $50 million, making it an excellent scarce opportunity to capture potential upside.

• Exclusive VIP benefits stacking: Two rounds of total airdrop of $500,000 + larger subscription limits for higher levels, allowing users of different levels to gain exclusive priority rights.

• Flexible exit mechanism: Immediately enter the secondary market for trading after the subscription ends, with 24/7 free circulation, seizing opportunities at any time.

• Continuous future opportunities: Bitget will continue to introduce more world-class unicorn assets, allowing long-term users of this platform to enjoy top potential opportunities.

Starting now is the best time to grow alongside the world's top innovative companies and enjoy potential economic benefits!

FAQ

What is Bitget IPO Prime?

1. IPO Prime is an innovative token sale platform launched by Bitget in April 2026, providing rare participation opportunities before global unicorn companies go public, enjoying the potential economic benefits brought by IPOs.

How to participate in Bitget IPO Prime?

2. It adopts a subscription model, and eligible users can participate; individual subscription limits are linked to the Bitget VIP level cap.

What is preSPAX?

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

Who is the issuer of preSPAX?

4. The preSPAX token is issued by Republic International Cayman, which holds licenses in multiple regions, including the United States.

Does subscribing to preSPAX mean directly investing in SpaceX?

5. No. Holding preSPAX tokens represents a debt certificate from the issuer to the holder, intended to reflect SpaceX's performance. It is not actual stock of SpaceX, and holding the token does not represent ownership of SpaceX equity, nor does it confer voting rights, dividend rights, or any shareholder rights. preSPAX is not associated with the mentioned company and has not received any form of approval or endorsement from it.

What is the exit mechanism after subscribing to preSPAX?

6. After Bitget IPO Prime ends, users can buy and sell preSPAX tokens in the subsequently opened Bitget over-the-counter trading market according to the rules. Additionally, they can wait for the lock-up period of the underlying debt asset of preSPAX to end (usually about 6 months after SpaceX's IPO), after which the issuer will entrust Bitget to exchange for stock tokens or USDT based on the market price of the target company’s stock, as specified in the subscription agreement.

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

7. If the target company fails to complete a qualified triggering event (such as an IPO or acquisition) within the time frame specified in the subscription agreement, the payout will be executed according to the backup terms in the subscription agreement. Please refer to the subscription agreement signed at the time of subscription for specific backup payout mechanisms.

Is there any additional subscription fee, management fee, or custody fee required to participate in the IPO Prime subscription?

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

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

9. No. The Bitget IPO Prime product involves multiple investment risks, including but not limited to: risks of valuation fluctuations of the target company, risks of qualified triggering events not occurring, and secondary market liquidity risks. The prices of digital assets may fluctuate significantly, and there is a possibility of loss of your principal. Bitget does not guarantee any investment returns. Please fully understand the relevant risks before participating, only invest funds you can afford to lose, and seek independent professional advice if necessary.

Based on the total shares available for subscription in IPO Prime, does the Bitget platform actually hold corresponding equity shares of the assets?

10. The digital assets launched on Bitget IPO Prime are issued by a compliant issuer, and the issuer and its partner institutions hold equity or related rights of the target company through compliant channels, ensuring that the token issuance has real underlying asset support through contractual arrangements.