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Dubai, United Arab Emirates, May 21, 2026, Chainwire
BybitToday, the world’s second-largest cryptocurrency exchange by trading volume announced the listing SPCXUSDT Permanent Contractproviding leveraged exposure to SpaceX (SPCX) ahead of its highly anticipated IPO on June 12, 2026. The contract is now live on the platform with up to 10x leverage, providing early access to one of the most transformative technology companies of the modern era.
This launch coincides with SpaceX’s historic IPO on the horizon. According to official filings, SpaceX is targeting a valuation of more than $1.75 trillion to $2 trillion, and plans to raise nearly $75 billion in what will become the largest IPO in capital market history, surpassing Saudi Aramco’s previous record of $29.4 billion set in 2019.
SpaceX has radically transformed the aerospace industry, reducing launch costs exponentially through reusable rocket technology. Starlink, SpaceX’s satellite internet service, has grown to more than 8 million active subscribers worldwide and generated nearly $7.7 billion in 2024 revenue. The company recently acquired xAI, Elon Musk’s artificial intelligence venture, creating a vertically integrated enterprise spanning space exploration and satellite technology using artificial intelligence. The assessment reflects SpaceX’s position as a definite force in both aviation and AI-driven connectivity.
Bybit’s underlying assets SPCXUSDT perpetual contract Is SPCX settled in USDT? The contract provides 24/7 access and allows leverage of up to 10x. The total number of shares valued is 11.87 billion shares.
The SPCXUSDT listing reinforces Bybit’s commitment to supporting traders with early access to transformative investment opportunities. By offering SpaceX pre-IPO, Bybit enables its global community to participate in high-growth markets and remain at the forefront of technology innovation.
Bybit’s perpetual contract offers traders multiple advantages over traditional stock markets:
- Trading 24/7: Access around the clock, not restricted by traditional market hours
- High leverage: Leverage of up to 10x, enabling capital efficient trading strategies
- Zero expiration: Permanent contracts provide unlimited holding periods without extension
- Advanced tools: Professional-level charting, analytics and risk management features
- Security at the enterprise level: Professional custody and insurance protection
Terms and conditions apply. Trading involves risks. Bybit products and services may not be available in all jurisdictions. For more information about contract details, eligibility and potential restrictions, users can visit: New Listing: Pre-IPO perpetual contract for SPCXUSDT, with leverage up to 10x
#Bybit / #CryptoArk / #NewFinancialPlatform
About Paybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit strategically collaborates with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Known for its secure custody, diverse markets, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance in Bybit.com.
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Head of Public Relations
Tony O
Bybit
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