BTCC has launched SPACEXUSDT perpetual futures, which offer a new way to trade with price exposure tied to SpaceX. The product is now available in the exchange's tokenized stocks section and allows for up to 50x leverage.
The timing is not surprising. SpaceX remains one of the world's most watched private companies. Elon Musk's name maintains high interest, and the growth of Starlink along with IPO rumors keep investors active. Few private companies attract similar attention and trading interest as crypto exchanges.
SpaceX is once again capturing market attention as listing rumors intensify. Starlink app downloads and the number of active monthly users more than doubled in the first quarter of the year, with subscribers exceeding 10 million in February.
Private market pricing has further increased investor interest. Based on the December 2025 buyout offer, SpaceX's value was $800 billion, while current listing rumors have raised valuations to as much as $1.75 trillion, with Starlink's growth particularly driving investor interest.
SpaceX remains in the news regarding the competition for satellite internet. Amazon agreed to acquire Globalstar for $11.57 billion as competition with Starlink intensifies. Amazon is still far behind in the number of satellites compared to SpaceX; Starlink already has over 10,000 satellites in operation.
Access for private investors to opportunities like SpaceX is generally limited. Investments in privately owned companies are typically only available through secondary sales or private placements. A perpetual futures contract provides users with an easier way to trade based on SpaceX's price and investor sentiment.
BTCC is expanding its product range
BTCC is using the SpaceX launch to strengthen its position in products related to traditional market themes. The exchange has previously reported strong initial demand for products related to traditional financial instruments, where trading can occur against traditional market instruments with USDT.
SpaceX brings BTCC a well-known name and strong visibility to a wide investor audience, along with an easily understandable story. In its release, BTCC also states that it is one of the first exchanges to offer SpaceX perpetual futures, highlighting the deep order book liquidity of the SPACEXUSDT product.
BTCC has linked the launch to a draw where you can win up to 1,000 USDT and a Tesla Cyberbeast. The campaign ties the future to the broader Musk brand, bringing additional visibility to the launch.
Access for private investors is becoming easier, but the risk is still high
This type of product attracts investors because it opens up the opportunity to get involved in investment stories that are usually reserved for private market participants. SpaceX has long been a company that many would have liked to invest in, but access has been limited.
At the same time, leveraged derivatives require caution. BTCC notes in its supporting materials that leverage can increase both potential gains and losses. For private investors, a product tied to the pre-IPO narrative and enhanced by leverage can cause significant fluctuations in value in either direction.
Here lies both the product's appeal and the associated risk. The story is easy to understand, but it is, after all, a high-risk derivative.
A new avenue for speculation in private markets
BTCC's SpaceX contract demonstrates how cryptocurrency exchanges bring well-known private company stories to trading targets around the clock. SpaceX attracts public attention, IPO interest, and a strong brand image, making it a natural choice for such a listing.
Whether tokenized pre-IPO trading becomes a permanent category depends on user interest after the initial wave of curiosity. So far, BTCC believes that SpaceX can attract those seeking new opportunities outside the traditional cryptocurrency offerings.