Gate News says, according to an official Gate announcement, Gate has officially launched the “Direct to IPO” product, providing users with a new channel to participate in global high-quality company IPOs. Users can submit subscription applications before the companies officially list, with a chance to receive either the full allocation, a partial allocation, or no allocated stock share. The final allocation result depends on the actual IPO offering and the allocation quota Gate receives.
The first “Direct to IPO” project for this round is SpaceX. The intended subscription asset is USDT, with a reference intended subscription price of $135 per share and an intended subscription fee of 5%. The minimum investment amount is 100 USDT, and the maximum investment amount is 500,000 USDT. The intended subscription start time is 2026-06-09 18:00 (UTC+8), and the deadline is 2026-06-12 12:00 (UTC+8). Stock distribution is expected to take place on 2026-06-12 22:00-23:00 (UTC+8). Stock trading time is 2026-06-12 21:30 (UTC+8). There is no lock-up period, and 100% will be unlocked.
The system will allocate stocks based on the proportion of each user’s hourly average locked-in amount during the intended subscription period relative to the project’s overall average total intended subscription amount; the earlier the subscription, the higher the allocation weight. After users complete the intended subscription and successfully receive stocks, the stocks will be directly distributed to the Gate stock account, where they can be traded in US stocks.