On June 12, 2026, Elon Musk’s SpaceX officially debuted on the Nasdaq under the ticker symbol SPCX. The IPO was priced at $135 per share, raising a staggering $75 billion—surpassing the 2019 Saudi Aramco listing to become the largest IPO in history. Based on the offering price, SpaceX’s market capitalization reached $1.77 trillion. On its first trading day, SPCX closed up 19.22% at $160.95.
For users interested in investing in SpaceX, Gate offers two parallel trading options: spot stock trading and CFD contract trading. These two approaches differ significantly in product structure, trading mechanisms, capital efficiency, and risk profile, catering to different investment goals and risk preferences.
Gate Spot Stock Trading: The Complete Path to Owning SPCX
What Is Gate Spot Stock Trading?
On June 1, 2026, Gate officially launched spot stock trading, transforming the platform from a cryptocurrency exchange into a multi-asset allocation platform. As of now, Gate TradFi offers access to over 10,000 real stocks and ETFs, covering all five major U.S. exchanges, including the NYSE and Nasdaq.
SpaceX (SPCX), featured as the first project in Gate’s IPO Access program, completed share allocation and opened for trading on June 12, 2026. By participating in SPCX spot stock trading in Gate’s stock section, users acquire actual equity in SpaceX listed on Nasdaq—not derivatives or tokenized representations.
How to Participate in Gate Spot Stock Trading
Gate’s spot stock trading process is highly standardized. After registering an account and completing KYC verification, users simply download or update the Gate App to version v8.21.5 or later, transfer USDT to their stock account, and search for SPCX in the stock section to place trades. All operations are handled within Gate’s unified account—no need to open an overseas brokerage account or manage complex fiat conversions and cross-border transfers.
Key Features of Spot Stock Trading
Clear equity ownership: When users buy SPCX through Gate spot stock trading, they acquire actual SpaceX shares listed on Nasdaq, enjoying shareholder rights equivalent to those through traditional brokers.
No lock-up period: SpaceX shares allocated via Gate IPO Access are 100% unlocked upon distribution and can be traded on Gate’s stock section from the listing day.
USDT settlement: Gate spot stock trading uses USDT as the settlement currency, allowing users to invest in U.S. stocks without converting to USD.
Gate CFD Contracts: Leveraged Exposure to SpaceX Price Movements
What Are CFD Contracts?
CFDs (Contracts for Difference) are derivative trading instruments that allow users to leverage their exposure to price movements of an underlying asset without owning the asset itself. Gate has launched SpaceX-related CFD products in its stock contracts section, supporting USDT settlement and leveraged long/short trading.
Gate was the first platform globally to launch SpaceX Pre-IPO perpetual contracts (symbol: SPACEX) before the official IPO. These contracts are settled in USDT and support 1x to 10x leverage. After SpaceX’s IPO, the CFD contract’s underlying price is pegged to SPCX’s market price, providing users with leveraged trading options.
Core Mechanisms of CFD Contracts
Leverage trading: CFDs allow users to control larger positions with a margin deposit. Leverage is user-selectable, with different ratios offering varying risk and capital efficiency.
Bidirectional trading: CFDs support both long and short positions. Users can open longs when expecting price increases or shorts when anticipating declines, profiting from price movements in either direction.
USDT settlement: Like spot stock trading, Gate’s CFDs are settled in USDT, maintaining unified account asset efficiency.
No physical delivery: CFD trading does not involve the actual purchase or delivery of shares. Settlement occurs on the price difference between opening and closing the contract.
Key Differences Between CFDs and Spot Stock Trading
| Dimension | Spot Stock Trading | CFD Contract Trading |
|---|---|---|
| Asset Type | Actual equity ownership | Price exposure only |
| Leverage | 1x (no leverage) | 1x–10x (adjustable) |
| Trade Direction | Long only | Long & short |
| Shareholder Rights | Yes | No |
| Position Cost | No funding rate | Funding rate may apply |
| Risk Profile | Asset price volatility risk | Leveraged & funding rate risk |
Use Case Analysis: Which Trading Method Fits You?
Who Should Choose Spot Stock Trading?
Spot stock trading is ideal for investors with a long-term holding strategy. Those who believe in the long-term value of SpaceX’s commercial space business, Starlink satellite internet, and AI infrastructure can participate directly in the company’s equity growth by holding SPCX. The unleveraged structure means risk is strictly tied to asset price movements, making this approach suitable for investors with moderate risk tolerance.
Who Should Choose CFD Contract Trading?
CFD trading suits active traders targeting short-term price fluctuations. Leverage boosts capital efficiency—users can gain exposure equivalent to a full position without committing the entire amount. The ability to trade both long and short enables profit opportunities even in declining markets. However, leverage magnifies both potential gains and losses, and funding rates can affect holding costs.
The SpaceX Product Suite on Gate
Beyond spot stocks and CFDs, Gate offers a diverse suite of SpaceX-related investment products, covering the full lifecycle from pre-IPO to post-listing.
Pre-IPO Tokenized Products: In April 2026, Gate launched a digital pre-IPO participation mechanism, tokenizing traditional pre-IPO equity via blockchain technology. Users can subscribe and trade using USDT and other stablecoins, with a minimum entry of just 100 USDT.
Tokenized Stocks: Gate has listed SpaceX Ondo Tokenized (SPCXON) spot trading, a tokenized SpaceX equity asset issued by Ondo. SPCXON/USDT trading officially opens at 14:00 (UTC+8) on June 13, 2026.
Stock Token Section: As of June 2026, Gate’s stock token section features nearly 100 trading pairs and over 70 tokenized stocks. Cumulative trading volume in this section exceeded $140 billion by early 2026.
Market Performance and Trading Activity
On SpaceX’s listing day, SPCX-related trading on Gate was exceptionally active. According to CryptoQuant analysts, Gate’s tokenized SpaceX stock products saw first-day trading volume exceed $100 million—far outpacing all other tokenized stock listings on the platform. SPCX became Gate’s most actively traded equity product that day.
During the IPO subscription phase, SpaceX’s IPO Access project on Gate attracted over $143 million in intended subscriptions from more than 13,400 participants. Within 24 hours of launch, intended subscription volume surpassed 92 million USDT. Gate ultimately received an allocation of approximately 33,900 SPCX shares, valued at around $20 million.
These figures demonstrate that both spot and tokenized SpaceX products on Gate offer strong liquidity and market depth, providing a solid foundation for user trade execution.
Risk Disclosure
Investing in SpaceX stock and related products involves market risk. In fiscal year 2025, SpaceX reported $18.7 billion in revenue but a net loss of $4.9 billion. Analyst valuations of SpaceX vary widely, with some institutional estimates diverging significantly from current trading prices. Daily price swings reflect the market’s ongoing assessment of this unique company spanning aerospace, telecommunications, and artificial intelligence.
The main risk in spot stock trading is asset price volatility. CFD trading adds leverage, which can amplify losses. Users should carefully consider their risk tolerance, investment objectives, and financial situation before choosing a trading method or leverage ratio. This article is for informational purposes only and does not constitute investment advice.
Conclusion
Gate provides two clear trading paths for users interested in SpaceX:
- Spot Stock Trading (SPCX): Purchase actual SpaceX shares listed on Nasdaq through Gate’s stock section, holding real equity with no leverage—ideal for long-term value investors. The process: log in to the Gate App → transfer USDT to your stock account → search for SPCX → place your order.
- CFD Contract Trading: Trade SpaceX CFDs in Gate’s stock contracts section, with support for leverage and bidirectional trading—suitable for active traders targeting short-term price movements.
Both options use Gate’s unified account system and settle in USDT, so users can participate without opening overseas brokerage accounts. The choice ultimately depends on your investment goals, risk appetite, and trading horizon.
Frequently Asked Questions (FAQ)
Q1: Do I need to open an overseas brokerage account to trade SpaceX spot stocks on Gate?
No. Gate spot stock trading is completed within the platform’s unified account. Once you complete KYC verification, you can participate without opening an additional overseas brokerage account or handling cross-border transfers.
Q2: What’s the difference between SpaceX spot stocks and tokenized stocks on Gate?
Spot stocks (SPCX) represent actual SpaceX equity listed on Nasdaq, granting shareholder rights to holders. Tokenized stocks (such as SPCXON, SPCXx) are blockchain-issued equity tokens that map to the underlying shares. The two differ in asset structure and rights.
Q3: What is the leverage for CFD contracts?
Gate’s SpaceX Pre-IPO perpetual contracts support 1x–10x leverage. The specific leverage available is as displayed on the platform, and users can choose based on their risk tolerance.
Q4: What currency is used for settlement when trading SpaceX stocks on Gate?
Both spot stock trading and CFD contract trading on Gate are settled in USDT. Users do not need to convert to USD; simply hold USDT to participate.
Q5: Is there a lock-up period for SPCX spot stocks purchased through Gate?
SpaceX shares allocated via Gate IPO Access are 100% unlocked upon distribution, with no lock-up period. They can be traded in Gate’s stock section on the listing day.
Q6: What SpaceX-related products does Gate offer?
Gate provides SpaceX spot stocks (SPCX), tokenized stocks (SPCXON, SPCXx), pre-IPO tokenized products, and CFD contracts. Users can choose the investment tool that best fits their needs.
Q7: Which version of the app is required for Gate stock trading?
Gate spot stock trading requires app version v8.21.5 or later. Download the latest version from the official Gate website.
