Bybit Launches SPCXUSDT Pre-IPO Perpetual Contract with up to 10x Leverage Ahead of SpaceX’s Blockbuster IPO

Dubai, United Arab Emirates, May twenty first, 2026, Chainwire
Bybit, the world’s second-largest cryptocurrency trade by buying and selling quantity, in the present day introduced the itemizing of the SPCXUSDT Perpetual Contract, providing leveraged publicity to SpaceX (SPCX) earlier than its extremely anticipated preliminary public providing on June 12, 2026. The contract is now dwell on the platform with up to 10x leverage, offering early entry to one of essentially the most transformative expertise firms in trendy occasions.
This launch coincides with SpaceX’s historic IPO on the horizon. According to official filings, SpaceX is focusing on a valuation of over $1.75 trillion to $2 trillion, and plans to elevate roughly $75 billion in what would turn into the biggest preliminary public providing in capital market historical past, surpassing Saudi Aramco’s earlier document of $29.4 billion set in 2019.
SpaceX has essentially reworked the aerospace trade, decreasing launch prices by orders of magnitude by its reusable rocket expertise. Starlink, SpaceX’s satellite tv for pc web service, has grown to over 8 million lively subscribers worldwide and generated roughly $7.7 billion in 2024 income. The firm not too long ago acquired xAI, Elon Musk’s AI enterprise, making a vertically built-in enterprise spanning house exploration and satellite tv for pc expertise with AI. The valuation displays SpaceX’s place as a defining pressure in each aerospace and AI-driven connectivity.
The underlying asset of Bybit’s SPCXUSDT perpetual contract is SPCX settled in USDT. Offering 24/7 entry, the contract permits up to 10x leverage. The whole estimated share rely is 11.87 billion shares.
The SPCXUSDT itemizing reinforces Bybit’s dedication to supporting merchants with early entry to transformative funding alternatives. By bringing pre-IPO publicity to SpaceX, Bybit permits its world group to take part in high-growth markets and stay on the leading edge of technological innovation.
Bybit’s perpetual contract gives merchants a number of benefits over conventional fairness markets:
- 24/7 Trading: Around-the-clock entry, unrestricted by conventional market hours
- High Leverage: Up to 10x leverage, enabling capital-efficient buying and selling methods
- Zero Expiration: Perpetual contracts present limitless holding durations with out rollover
- Advanced Tools: Professional-grade charting, analytics, and danger administration options
- Institutional-Grade Security: Professional custody and insurance coverage protections
Terms and situations apply. Trading carries danger. Bybit’s services and products will not be out there in all jurisdictions. For extra data on contract particulars, eligibility and potential restrictions, customers could go to: New listing: SPCXUSDT Pre-IPO Perpetual Contract, with up to 10x leverage
#Bybit / #CryptoArk / #NewFinancialPlatform
About Bybit
Bybit is the world’s second-largest cryptocurrency trade by buying and selling quantity, serving a worldwide group of over 80 million customers. Founded in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open, and equal ecosystem for everybody. With a powerful concentrate on Web3, Bybit companions strategically with main blockchain protocols to present strong infrastructure and drive on-chain innovation. Renowned for its safe custody, numerous marketplaces, intuitive person expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fanatics to unlock the complete potential of Web3. Discover the longer term of decentralized finance at Bybit.com.
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Head of PR
Tony Au
Bybit
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