Bitget Launches IPO Prime with SpaceX
Analysis based on 12 articles · First reported Apr 10, 2026 · Last updated Apr 13, 2026
The launch of IPO Prime by Bitget, powered by Republic, is expected to democratize access to pre-IPO opportunities for retail investors, potentially increasing liquidity and participation in private markets. The introduction of preSPAX, mirroring SpaceX's performance, could attract significant investment interest, blurring the lines between traditional and crypto asset classes.
Bitget, in partnership with Republic, has launched IPO Prime, a new market structure that allows retail investors to gain pre-IPO exposure to unicorn companies. The first offering under this initiative is preSPAX, a digital asset designed to mirror the economic performance of SpaceX following its potential public listing. This move aims to bridge the historical gap between private and public market participation, which was previously limited to institutional investors. Gracy Chen, CEO of Bitget, highlighted that IPO Prime enables earlier participation in a company's growth cycle with continuous trading flexibility. Bitget will conduct preSPAX token airdrops for VIP users on April 13, 2026, with the official token launch scheduled for April 21, 2026. This initiative represents a significant step towards integrating diverse financial opportunities within Bitget's Universal Exchange model.
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