Ourbit launches Super IPO, opens SpaceX subscriptions, and 589 USDT snaps up front-row IPO seats

As SpaceX’s listing process enters a sprint phase, global capital markets’ attention toward this potential $1 trillion-plus IPO continues to heat up. In traditional finance channels, retail investors typically find it difficult to secure an allocation during the IPO pricing phase, while buying in the secondary market often means having to face an opening premium. Against this backdrop, Ourbit SuperCEX has officially launched the Super IPO专区 (Super IPO section) for recently, locking the first target to SpaceX (code: SPAX), and providing crypto users with a low-barrier, on-chain, differentiated participation path.

According to information on the official Ourbit page, the public subscription price for this round of SPAX is 589 USDT, with a total subscription amount of 3,400 SPAX, for a total size of approximately 2,002,600 USDT. The subscription period will begin on April 28, 2026 at 12:00 (UTC+8), enter the distribution phase on May 1 at 12:00, and complete token settlement on May 3 at 18:00. From the start of the sale to getting the funds is only about one week.

Super IPO: Move traditional IPO subscriptions onto the blockchain

Super IPO is a newly launched, project-based digital asset subscription service by Ourbit, with its core positioning being to enable crypto-native users to participate in the IPO行情 of globally popular companies as well. The related project assets are issued by a third-party institution and are mainly used to track and reflect the target company’s market value performance before and after key events such as IPOs and M&A. Simply put, after completing a subscription on Ourbit, users may be able to capture potential return opportunities brought by major events in traditional capital markets—without having to open an offshore brokerage account, make cross-border remittances, or meet cumbersome prerequisites such as qualified investor accreditation.

It is worth noting that the platform clearly states that participating in Super IPO subscriptions itself charges no application fee, management fee, or custody fee; the user’s subscription cost is simply the price shown on the page. First round target: The scarcity of SpaceX

The SpaceX being offered for subscription in the first round is one of the most closely watched proposed listing targets in the global capital markets right now. Founded in 2002 by Elon Musk, the space exploration company has already taken a dominant position in the global commercial space industry with its Falcon 9, Dragon spacecraft, and Starship series products. Its Starlink satellite network service covers more than 150 countries and regions worldwide, and its long-term goal is aimed directly at human-crewed Mars missions and multi-planetary survival. Multiple reports from overseas media indicate that SpaceX’s IPO valuation is expected to reach the $1 trillion to $1.75 trillion range; its fundraising scale may be between $50 billion and $75 billion, positioning it as one of the largest IPOs in history.

However, for the vast majority of global investors, directly obtaining an allocation in a SpaceX IPO still has extremely high barriers. In the private secondary market, SpaceX’s old shares (pre-IPO shares) have long traded at high premiums with low liquidity, and are usually only available to qualified investors. By launching SPAX as the first project of Super IPO this time, Ourbit effectively provides crypto users worldwide with an alternative participation channel that is priced in USDT and has a friendly minimum entry threshold.

Exit mechanism and subsequent arrangements

On the exit path, after subscriptions are completed and asset distribution is completed, the relevant project assets may enter the trading market that Ourbit will open later. Users can trade them in the secondary market according to the rules in effect at the time. For users who choose to hold long term, they can also wait for the project’s agreed-upon subsequent handling milestones. At that time, the issuer will provide users with the corresponding settlement solution, based on the target company’s market performance or other reference standards, using the method agreed in the agreement. This mechanism is designed to balance the different needs of short-term traders and medium- to long-term holders.

Last words

The launch of the Super IPO section reflects Ourbit’s product strategy of extending beyond crypto trading into a broader range of asset categories—by bringing high-attention events from traditional capital markets into the crypto world in tokenized form, giving platform users a new way to participate in global top-tier IPO行情. For crypto users who are interested in SpaceX, focus on global commercial space, or want to capture major IPO event opportunities, this round’s SPAX subscription is undoubtedly a noteworthy entry point. For the specific subscription rules, participation requirements, and full product details, please visit the official Ourbit event page for reference:

About Ourbit

Ourbit is the leading SuperCEX connecting cryptocurrencies and traditional finance ([TradFi](https://www.gate.com/zh/tradfi)). Built by Degens for Degens, we support 24/7 trading of stocks, ETFs, commodities, forex, and cryptocurrencies. Ourbit offers the lowest fees in the industry, including 0-fee discounts across all spot and certain perpetual contract trading pairs. With strong liquidity and high-leverage trading support, we are committed to building an all-around ecosystem to help community members realize their wealth dreams.

This article Ourbit launches Super IPO to open SpaceX subscriptions, with 589 USDT securing a front-row seat in the IPO lineup was first seen in 鏈新聞 ABMedia.