Key Takeaways:
- Bitget lists a Republic-issued token for pre-IPO SpaceX equity.
- The offering implies a potential SpaceX valuation of $1.75 trillion.
- The move may pioneer retail access to private equity via tokenization.
Key Takeaways:

Crypto exchange Bitget has launched a new token on its IPO Prime platform, offering retail investors pre-IPO exposure to SpaceX at an implied valuation nearing $1.75 trillion.
The token, issued by the digital finance firm Republic, represents an indirect interest in SpaceX equity, according to Bitget's announcement. This initiative allows traders on the platform to gain exposure to the private aerospace manufacturer ahead of its highly anticipated initial public offering. Republic is known for its work in providing access to private company shares through tokenized and traditional means.
This offering is part of Bitget's new "IPO Prime" platform, designed to give users early access to promising private companies. The $1.75 trillion valuation figure is a significant marker, reflecting high investor demand for private market unicorns like SpaceX. The move is a notable step in the growing trend of tokenizing real-world assets (RWA), bringing traditional financial assets onto the blockchain.
For Bitget, this could drive significant user acquisition and trading volume, positioning it competitively against other major exchanges like Binance and KuCoin. More broadly, the success of this offering could set a precedent for tokenizing pre-IPO equity in other major tech companies, potentially unlocking a multi-trillion dollar private market for crypto investors and legitimizing tokens as a vehicle for representing real-world assets.
This article is for informational purposes only and does not constitute investment advice.