#GatePreIPOs首发SpaceX

🔥Newbies/Old-timers, come quickly! Exclusive Guide to SpaceX Pre-IPO💎
The pace of innovation in Gate products has been truly nonstop lately—first, the Gate AI series connected all AI application scenarios, then it became the first digital currency exchange to integrate Polymarket, and most recently it launched the PreIPOs product, allowing users across the ocean to participate in U.S. stock new-share subscriptions. Today, we’ll talk about PreIPOs’ first project—SpaceX.

📝Introduction to SpaceX

In 2002, Elon Musk founded SpaceX with the vision of making humanity a multi-planet species. At that time, the global space industry was monopolized by government agencies and traditional defense industry giants, and private companies entering the rocket launch field was considered a pipe dream. But over 20 years, Musk completely rewrote the landscape of the space industry.

Today, SpaceX is no longer just a rocket manufacturer—it has built a full-industry-chain ecosystem spanning rocket launches, satellite communications, deep-space exploration, and space AI. Its Falcon series rockets, powered by reusable technology, have reduced global space launch costs to one-third of traditional methods, holding over 60% of the global commercial launch market. Starlink satellite internet has deployed more than 8000 satellites, with global users exceeding 100 million. In 2026, projected revenue is expected to be nearly $20 billion, making it the world’s largest satellite communications operator. The Starship project targets the ultimate goal of manned Mars landings and space cargo transport; with its fully reusable design, it is expected to bring the cost per kilogram to orbit below $100, paving the way for the industrialization of space. What’s even more disruptive is that SpaceX, through a merger with Musk’s AI company xAI, has created a “space + AI” super-hybrid.

💡In the latest IPO valuation, SpaceX is valued at $2 trillion. When we analyze it carefully, you may find it isn’t just an irrational celebration of capital—its valuation foundation comes from the following:

(1) Starlink: the “ballast” that anchors cash flow

Starlink is the core pillar supporting SpaceX’s high valuation. Unlike traditional satellite communications systems, Starlink uses a low Earth orbit constellation design, enabling low-latency, high-bandwidth internet services that cover remote areas and mobile scenarios worldwide. By 2026, Starlink users have already exceeded 100 million; annual revenue is nearing $20 billion, and the gross margin is above 40%. With the continued decline in user terminal costs and the diversification of service packages, market forecasts suggest that by 2030, Starlink users will exceed 300 million, annual revenue could reach $100 billion, and it will become the largest source of cash flow in Musk’s business map.

(2) Starship: the “foot-in-the-door” for industrializing space

The success of Starship is a key variable behind SpaceX’s valuation surge. This giant rocket, with a single-launch payload of over 200 tons, can not only enable manned Mars landings, but also usher in a new era of developing space resources. Once Starship achieves routine launches, SpaceX will have the ability to build bases on the Moon, manufacture special materials in space, and construct space-based solar power stations. These potential trillion-dollar markets provide unlimited imagination for SpaceX’s valuation. A Morgan Stanley research report notes that just the space resource development alone could reach a future market size exceeding $10 trillion, and with its technological advantages, SpaceX will become the biggest beneficiary.

(3) AI collaboration: the “catalyst” for exponential growth

The merger with xAI upgrades SpaceX from a space company into a “space technology + AI” super platform. AI technology can not only optimize the accuracy and efficiency of rocket launches, but also intelligently schedule Starlink’s satellite constellations to improve network performance. More importantly, SpaceX plans to build AI data centers in space—using space’s ultra-low temperature environment and solar energy to solve the energy consumption and heat dissipation challenges of AI training. This innovative model will attract cooperation from global tech giants and bring a new growth curve to SpaceX.

💎Subscription Guide for This Round (must-know basics for beginners):

1. Subscription Details and Rules

Asset certificate: SPCX (mirror notes mapping SpaceX’s valuation, not direct equity)

Subscription price: 590 USD/SPCX, total subscription amount 33,900 SPCX

Minimum threshold: 100 USDT or GUSD

Subscription period: April 20 18:00 - April 22 18:00 (UTC+8), only a 48-hour window

Allocation mechanism: Average locked amount per hour— the earlier you participate, the longer the lock-up time, and the higher the allocation weight

Unlock method: 100% unlocked, no lock-up period

Distribution time: before May 6, 2026

2. How to Subscribe

Log in to the platform ➡ complete KYC verification ➡ have your subscription funds ready (minimum threshold 100 USDT) ➡ go to the page https://www.gate.com/ipos/2 to subscribe

👉 For more details, tap here on the right: https://www.gate.com/zh/announcements/article/50724

Lastly, a few personal thoughts: Gate’s actions for its 13th anniversary are truly significant. From a crypto trading platform to a full-scale transformation into a comprehensive financial platform, calling Gate the “cross-border king” in the crypto world is absolutely not an overstatement. As the official says, from the crypto world straight to the stars and the sea—Gate breaks boundaries and comes forth!