PANews reported on April 16 that digital asset trading platform Gate announced the official launch of its first Pre-IPO project, SpaceX (SPCX), with a subscription page now available for users to view project details and subscription rules.

The current SpaceX (SPCX) subscription will be open from 18:00 on April 20, 2026 to 18:00 on April 22, 2026 (UTC+8), supporting both USDT and GUSD. After the subscription is completed, SPCX asset certificates are expected to be distributed ahead of schedule before 22:00 on April 22 (UTC+8) and will be 100% unlocked for pre-market trading on the platform. Pre-market trading will begin at 18:00 on April 24 (UTC+8).

The total subscription amount was 33,900 SPCX, corresponding to a total value of approximately US$20.001 million. The subscription price for 1 SPCX was US$590, implying a valuation of approximately US$1.4 trillion. In addition, Gate launched a VIP-exclusive airdrop event, where VIP 5 and above users and super agents could participate to receive SPCX rewards and additional free airdrops.