Bitget SpaceX Products Decoded: A Complete Comparison of rSPCX, preSPCX, IPO Pre-Market Perpetual, and Standard Perpetual Contracts

SpaceX is the world's most closely watched aerospace technology company, and its upcoming IPO has attracted significant market attention. To enable more flexible access to SpaceX-related opportunities, Bitget offers four products: rSPCX, preSPCX, pre-market perpetual futures, and standard perpetual futures. Each is designed for specific trading stages and user needs, giving users multiple ways to position around SpaceX.

1. Product overview and comparison

rSPCX (spot stock)

● Core mechanism: Bitget's flagship spot stock product, issued by Reality, 1:1 mapped to traditional U.S. stocks in terms of price, liquidity, dividends, and stock split adjustments.

● Advantages: Available after SpaceX goes public, rSPCX provides a platform for long-term holding and supports benefits such as dividend distributions, delivering a trading experience close to traditional U.S. stock trading.

preSPCX (IPO Prime)

● Core mechanism: A project on Bitget IPO Prime, an innovative token sale platform. Users can subscribe early and use the token in spot trading immediately after allocation ends.

● Settlement rules: preSPCX will be settled six months after SpaceX officially completes its IPO and becomes publicly listed. Users will receive either USDT or stock tokens, subject to the platform's latest official announcement.

● Advantages: It lowers the entry barrier for retail users to access rare pre-IPO opportunities in global unicorn companies, providing early liquidity.

SPCXUSDT (pre-IPO pre-market perps)

● Core mechanism: A perps product for underlying assets that have not yet been listed, where the index price is generated through a model based on perpetual futures market data.

● Advantages: Users can trade 24/7 before the asset is listed and use up to 5x leverage, allowing them to position early for potential IPO valuation repricing. It will automatically convert to standard perps after the IPO.

SPCXUSDT (standard perps)

● Core mechanism: After SpaceX is listed, the pre-market perps product switches its basis to the spot-weighted index price, becoming a standard perps product.

● Advantages: It supports flexible trading throughout the full market cycle, including long and short positions with leverage, and offers stronger liquidity.

2. Which product is best suited for me?

● Long-term holdings: Prioritize spot stock-style products like rSPCX or preSPCX if you want to track SpaceX's long-term performance.

● Short-term speculation: Pre-market perps or standard perps are useful if you want to use leverage to capture event-driven opportunities.

3. How to trade

Step 1: Sign up and complete identity verification

Visit the Bitget website or app, sign up, and complete identity verification to increase your withdrawal limits.

Step 2: Deposit USDT

Deposit USDT via fiat channels, on-chain transfers, or other supported methods.

Step 3: Search for the stock ticker and enter the trading interface

Step 4: Place an order

Select Limit or Market order, enter your order quantity, confirm your order, and get execution in milliseconds.

Recommended reads:

What is Bitget spot stock trading?

The ultimate Bitget IPO Prime guide

What is Bitget pre-market futures?