TechFlow News, June 10: According to official announcements, the SpaceX tokenized IPO subscription campaign launched on Bybit’s IPO Express platform will officially conclude tomorrow (June 11).
Bybit’s IPO Express, in partnership with xStocks, has introduced SpaceX’s tokenized IPO subscription service—making Bybit one of the world’s first centralized exchanges to offer tokenized IPO subscriptions at the primary-market IPO offering price stage. This subscription is fully open to eligible users without requiring a traditional brokerage account, thereby overcoming geographical restrictions and cumbersome account-opening procedures to provide more convenient access to globally popular primary-market assets.
The tokenized SpaceX shares issued by xStocks are fully backed by cash reserves and are pegged 1:1 to real equity, meeting institutional-grade compliance standards. SpaceX xStocks IPO subscription timeline:
- Registration period: June 7–11
- Subscription period: June 7–11 (concludes tomorrow)
- Allocation period: June 11–12
- Spot trading launch: June 12
