PANews reported on June 10 that, according to official sources, the subscription activity for SpaceX's tokenized IPO on the Bybit IPO Express platform will officially end tomorrow (June 11).
Bybit IPO Express, in partnership with xStocks, launched a tokenized IPO subscription service for SpaceX, becoming one of the world's first centralized exchanges to offer tokenized IPO subscriptions during the primary market IPO pricing phase. This subscription is open to all eligible users, eliminating the need for traditional brokerage accounts and overcoming geographical and cumbersome account opening procedures, providing a more convenient way to access popular global primary market assets.
The tokenized SpaceX shares will be fully backed by the xStocks issuer, pegged 1:1 to real equity, meeting institutional compliance standards. SpaceX xStocks IPO subscription timeline:
- Registration period: June 7-11
- Subscription period: June 7-11 (deadline tomorrow)
- Quota allocation phase: June 11-12
- Spot trading launched: June 12
