PANews reported on April 15th that digital asset trading platform Gate.io will launch its first Pre-IPO project, SpaceX (SPCX), opening a pre-IPO asset subscription channel. The product supports both USDT and GUSD for participation. After subscription, SPCX asset certificates will be 100% unlocked and enter the pre-market trading market.

The subscription period for this round 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 US$20.001 million, a unit price of US$590, and an implied valuation of approximately US$1.4 trillion.

In terms of mechanism, Pre-IPOs are allocated based on "average locked-up amount per hour," emphasizing the weight of early participation. After obtaining asset certificates, SPCX supports pre-market trading or subsequent settlement. In addition, the minimum participation threshold for this subscription is only 100 USDT, and there are no hidden losses such as transaction fees, custody fees, or profit sharing.

Gate Pre-IPOs focuses on early-stage participation opportunities for high-quality projects before their IPOs, opening a new gateway for individual investors to access premium global assets. In the future, the platform will continue to expand its offerings of high-quality assets and product types, driving the industry towards greater openness and efficiency.