Gate will launch its first Pre-IPO project, SpaceX (SPCX), supporting dual-currency subscription in USDT/GUSD and 100% unlocking.

Digital asset trading platform Gate will launch its first Pre-IPOs project, SpaceX (SPCX), opening a pre-IPO asset subscription channel. This product supports participation in both USDT and GUSD currencies. After subscription, SPCX asset certificates will be 100% unlocked and enter the pre-market trading market. The subscription period is from 18:00 on April 20, 2026 to 18:00 on April 22, 2026 (UTC+8). SPCX is expected to be distributed before 18:00 on May 6 (UTC+8). The total subscription amount is 33,900 SPCX, with a total value of approximately $20.001 million, a unit price of $590, and an implied valuation of approximately $1.4 trillion. The Pre-IPOs mechanism uses "average locked amount per hour" for allocation, emphasizing early participation. After obtaining the asset certificates, SPCX supports pre-market trading or subsequent settlement. Furthermore, the minimum participation threshold for this subscription is only 100 USDT, and there are no hidden costs such as transaction fees, custody fees, or profit sharing. Gate Pre-IPOs focuses on early participation opportunities for high-quality projects before their IPOs, opening a new gateway for individual investors to access global premium assets. In the future, the platform will continue to expand its offerings of more high-quality assets and product types, driving the industry towards a more open and efficient direction.