#GateIPOAccessSpaceX

The IPO market just landed on Gate. First stop: SpaceX.

For the first time, eligible users can subscribe to real IPO shares before they start trading — with no brokerage account needed. SpaceX is the debut project, and the subscription window is 66 hours.

Here is everything you need to know.

Key Subscription Details

Reference price: $135 per share
Indicative fee: 5% (only charged upon successful allocation)
Minimum subscription: 100 USDT
Maximum subscription: 500,000 USDT
Subscription closes: June 12, 2026, 04:00 UTC

Important: Subscription is "intent-based" — full allocation, partial allocation, or no allocation may occur depending on the final IPO offering and Gate's allocation quota. If the final price fluctuates within 20% of the reference price, allocation is automatic. Beyond 20%, a secondary confirmation is required.

The earlier you subscribe, the higher your allocation weight.
Allocation is calculated based on your average locked amount per hour during the subscription period. The earlier you commit funds, the stronger your position in the distribution formula.

What Makes SpaceX Different

SpaceX is not just a rocket company. It now operates three core segments:

Starlink: 12 million active subscribers across 160+ countries — adding the latest million users in just 53 days. The segment generated $11.4 billion in revenue in 2025, with $4.4 billion in operating profit.

Launch & Space: SpaceX accounts for 83% of total mass launched from Earth to orbit and has reduced launch costs by more than 95%.

AI (xAI/Grok): Acquired in February 2026, now part of SpaceXAI. The IPO values the combined entity at $1.77 trillion — making it the largest US market debut in history. The offering raises $75 billion, triple the previous record held by Saudi Aramco.

30% of the float is reserved for retail investors — three times the typical mega-cap IPO allocation.

One Clear Risk

Morningstar has issued a fair value estimate of $780 billion — less than half the IPO target. Analyst Nicholas Owens noted, "The company is significantly overvalued. Investors will have opportunities to purchase shares at more attractive levels after the IPO."

Meanwhile, Goldman Sachs projects AI revenue could surge to $322 billion by 2030. The debate is real.

What Happens After Subscription

If allocated, shares are credited directly to your Gate stock account with no lock-up period — 100% unlocked for trading immediately.

Trading begins June 12, 2026 at approximately 13:30 UTC. Shares will be distributed between 14:00 and 15:00 UTC.

Gate Square Exclusive Rewards

To participate in the event:

1. Post on Gate Square with the hashtag #GateIPOAccessSpaceX
2. Share your subscription screenshot and your experience or tips about the offering

Rewards include:

· Repost a featured post for a chance to win 1 SPCX share
· Three best subscription analysis posts × $10 GT
· 100 lucky participants × $50 position voucher

Quick Checklist Before You Subscribe

Update your Gate App to version 8.21.5 or above — stock trading requires it.
Complete identity verification.
Funds committed during subscription are frozen until distribution — ensure you have liquidity outside the locked amount.
This is an intent subscription, not a guaranteed allocation. Understand the risk before participating.

The SpaceX IPO is historic by any measure. Gate IPO Access opens a door that was previously closed to most retail investors — real IPO shares, with USDT, no external broker required.

But with a 30% retail allocation and a 66-hour window, early movers have the structural advantage.

The countdown is running. Subscription closes June 12, 04:00 UTC.

This content is for informational purposes only and does not constitute financial advice. IPO participation carries significant risk. Always conduct your own research.