{"id":44337,"date":"2026-05-21T14:23:19","date_gmt":"2026-05-21T14:23:19","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=44337"},"modified":"2026-05-21T14:23:19","modified_gmt":"2026-05-21T14:23:19","slug":"bybit-launches-spcxusdt-pre-ipo-perpetual-contract-with-up-to-10x-leverage-ahead-of-spacexs-blockbuster-ipo","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=44337","title":{"rendered":"Bybit Launches SPCXUSDT Pre-IPO Perpetual Contract with up to 10x Leverage Ahead of SpaceX\u2019s Blockbuster IPO"},"content":{"rendered":"

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May 21st, 2026 \u2013 Dubai, United Arab Emirates<\/i><\/p>\n\n

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class=\u201dql-align-justify\u201d>Bybit<\/a>, the world\u2019s second-largest cryptocurrency exchange by trading volume, today announced the listing of the SPCXUSDT Perpetual Contract<\/a>, offering leveraged exposure to SpaceX (SPCX) before its highly anticipated initial public offering on June 12, 2026.<\/div>\n<\/h5>\n<\/blockquote>\n

The contract is now live on the platform with up to 10x leverage, providing early access to one of the most transformative technology companies in modern times.<\/p>\n

This launch coincides with SpaceX\u2019s historic IPO on the horizon. According to official filings, SpaceX is targeting a valuation of over $1.75 trillion to $2 trillion, and plans to raise approximately $75 billion in what would become the largest initial public offering in capital market history, surpassing Saudi Aramco\u2019s previous record of $29.4 billion set in 2019.<\/p>\n

SpaceX has fundamentally transformed the aerospace industry, reducing launch costs by orders of magnitude through its reusable rocket technology. Starlink, SpaceX\u2019s satellite internet service, has grown to over 8 million active subscribers worldwide and generated approximately $7.7 billion in 2024 revenue. The company recently acquired xAI, Elon Musk\u2019s AI venture, creating a vertically integrated enterprise spanning space exploration and satellite technology with AI. The valuation reflects SpaceX\u2019s position as a defining force in both aerospace and AI-driven connectivity.<\/p>\n

The underlying asset of Bybit\u2019s SPCXUSDT perpetual contract<\/a> is SPCX settled in USDT. Offering 24\/7 access, the contract allows up to 10x leverage. The total estimated share count is 11.87 billion shares.\u00a0<\/p>\n

The SPCXUSDT listing reinforces Bybit\u2019s commitment to supporting traders with early access to transformative investment opportunities. By bringing pre-IPO exposure to SpaceX, Bybit enables its global community to participate in high-growth markets and remain at the cutting edge of technological innovation.<\/p>\n

Bybit\u2019s perpetual contract offers traders multiple advantages over traditional equity markets:<\/p>\n