As SpaceX's IPO process enters its final stage, global capital markets continue to pay increasing attention to this potential trillion-dollar IPO. In traditional financial channels, retail investors typically struggle to secure allocation opportunities during the IPO pricing phase, while secondary market purchases often face opening premiums. Against this backdrop, Ourbit SuperCEX recently launched its Super IPO section, initially focusing on SpaceX (ticker symbol: SPAX), providing crypto users with a low-barrier, on-chain, differentiated participation path.
According to Ourbit's official website, the public offering price for this SPAX coin is 589 USDT, with a total subscription of 3,400 SPAX and a total size of approximately 2,002,600 USDT. The subscription period will begin on April 28, 2026 at 12:00 (UTC+8), the distribution period will begin on May 1 at 12:00, and the token settlement will be completed on May 3 at 18:00, taking only about one week from start to finish.
Super IPO: Bringing Traditional IPO Subscriptions to the Blockchain
Super IPO is a brand-new project-based digital asset subscription service launched by Ourbit, with the core positioning of enabling crypto-native users to participate in the IPOs of popular companies worldwide. The relevant project assets are issued by third-party institutions and are primarily used to track and reflect the market value performance of target companies before and after key events such as IPOs and mergers and acquisitions. Simply put, after completing a subscription on Ourbit, users have the opportunity to capture potential returns from major events in traditional capital markets without needing to open overseas brokerage accounts, make cross-border remittances, or meet cumbersome prerequisites such as qualified investor certification.
It is worth noting that the platform explicitly states that participating in the Super IPO subscription itself does not incur any subscription fees, management fees, or custody fees; the user's subscription cost is the price shown on the page .
Initial target: SpaceX's scarcity
SpaceX, with its initial public offering (IPO) now open, is one of the most anticipated companies to go public in the global capital markets. Founded in 2002 by Elon Musk, the space exploration company has already established a dominant position in the global commercial space industry with its Falcon 9, Dragon, and Starship rockets. Its Starlink satellite internet service covers more than 150 countries and regions, and its long-term goal is manned Mars missions and multi-planetary survival. Multiple foreign media reports indicate that SpaceX's IPO valuation is expected to reach between $1 trillion and $1.75 trillion, with a fundraising scale of between $50 billion and $75 billion, potentially making it one of the largest IPOs in history.
However, for the vast majority of global investors, directly obtaining a SpaceX IPO allocation remains extremely difficult. In the private secondary market, SpaceX pre-IPO shares have long been traded at high premiums with low liquidity, and are typically only open to accredited investors. Ourbit's launch of SPAX as the first project in its Super IPO series effectively provides global crypto users with an alternative participation channel denominated in USDT and with a more accessible investment threshold.
Exit Mechanism and Follow-up Arrangements
Regarding the exit path, after the subscription and asset distribution are completed, the relevant project assets may enter the trading market subsequently opened by Ourbit, where users can buy and sell on the secondary market according to the rules at that time. Users who choose to hold long-term can also wait for the subsequent processing nodes agreed upon by the project. At that time, the issuer will provide users with corresponding settlement solutions based on the target company's market performance or other reference standards, in accordance with the methods agreed upon in the agreement. This mechanism is designed to take into account the different needs of short-term traders and medium- to long-term holders.
In conclusion
The launch of the Super IPO segment reflects Ourbit's product strategy of extending beyond crypto trading to broader asset classes—bringing high-profile events from traditional capital markets into the crypto world in tokenized form, giving platform users a new way to participate in top global IPOs. For crypto users who follow SpaceX, global commercial spaceflight, or hope to capture opportunities from major IPOs, this SPAX subscription is undoubtedly a noteworthy entry point.
For detailed subscription rules, participation requirements, and complete product information, please visit the Ourbit official event page.
About Ourbit
Ourbit is a leading SuperCEX connecting cryptocurrency and traditional finance (TradFi). Built by Degens for Degens, we support 24/7 trading of stocks, ETFs, commodities, forex, and cryptocurrencies. Ourbit offers industry-leading fees, including 0% commission on all spot and select contract trading pairs. With strong liquidity and high-leverage trading support, we are committed to building a comprehensive ecosystem to help our community members achieve their wealth goals.
