BTCC has launched the SPACEXUSDT Perpetual futures to allow users to trade and receive returns based on the price linked to SpaceX. This new channel is now available for trading tokenized stocks on the BTCC platform and allows leverage of up to 50 times.

This moment is not surprising at all. SpaceX remains one of the most closely followed private companies worldwide. I see that Elon Musk's name keeps SpaceX in continuous focus, while the growth of Starlink and the IPO news continue to attract investors. For private companies, others have hardly any influence and market appeal compared to SpaceX in the crypto market.

SpaceX is gaining market attention again due to the IPO stock market buzz, with the Starlink app seeing downloads and monthly users more than double in the first quarter, and service sign-ups surpassing 10 million in February.

The private market trading prices have further increased investor interest, with December 2025 buy offers valuing SpaceX at 800 billion USD, while the latest IPO news has pushed the estimated value up to 1.75 trillion USD, with Starlink's growth being a key focus for investors.

SpaceX is also making headlines with the competition in the satellite internet market, as Amazon agrees to acquire Globalstar for 11.57 billion USD amidst competition with Starlink. However, Amazon still lags far behind SpaceX in terms of launching satellites, as Starlink has already sent over 10,000 satellites into orbit.

Accessing opportunities in private companies remains a major attraction for retail investors. Such holdings are often made through secondary market trading or private share allocations. However, perpetual futures contracts allow users to trade and speculate on SpaceX prices much more easily. In the crypto market, products linked to familiar companies with continuous news receive quicker interest than unrecognized tokens.

BTCC is expanding its product line

BTCC is taking significant steps with the launch of SpaceX to expand into products linked to themes of the traditional market. I observed that BTCC has mentioned strong initial feedback since the early days of the TradFi products, which allow users to trade traditional financial instruments with USDT.

SpaceX has made BTCC famous, attracting a general user base with stories that investors already understand. In its announcement, BTCC stated that it is one of the first groups to offer perpetual futures for SpaceX, and emphasized that SPACEXUSDT has high liquidity in the order book.

BTCC is also pairing this launch with a giveaway campaign of up to 1,000 USDT and a Tesla Cyberbeast. I see that linking this contract with Musk's brand strategy makes this launch even more prominent.

Retail access is expanding, but the risks remain high.

Such products attract traders as they provide access to stories typically reserved for participants in the private market only. SpaceX is a company that many people have long wanted to access, but only a few have been able to do so directly.

At the same time, leveraged derivative products must be used cautiously. BTCC states in its corporate support media that leverage increases the potential for both profits and losses. For retail users, products linked to pre-IPO stories and expanded with leverage can lead to significant volatility in both directions.

This is where interest and risk coexist, as this product is straightforward in narrative terms but still trades in a high-risk derivative manner.

A new path to speculation in the private market.

BTCC's SpaceX contracts demonstrate that the crypto platform is packaging stories of well-known private companies into 24/7 trading products. SpaceX attracts public interest, and the curiosity surrounding the IPO and strong brand recognition make it a suitable choice for listing this product.

Whether tokenized pre-IPO stock trading becomes a permanent category will depend on user demand after the initial wave of interest subsides. For now, BTCC is betting that SpaceX will attract traders looking for new experiences beyond typical crypto listings.