History was made on June 12, 2026 — twice in one day.
SpaceX priced its IPO at $135 per share, raising $75 billion in the largest IPO on record and valuing the company at $1.75 trillion. Shares began trading on Nasdaq under the ticker SPCX, opening at $150 — an 11% jump above the offering price. The deal was heavily oversubscribed and included an unusually large retail allocation for a deal of this magnitude. Crypto Times
But here's what made this IPO different from every other in history:
At the exact same moment SpaceX began trading on Nasdaq, tokenized SpaceX shares went live on the Solana blockchain. The token, called SPCX, was launched by Backpack Securities and Sunrise on Solana. Each SPCX token is backed 1:1 by a real SpaceX share, creating a direct, verifiable link between what someone holds on-chain and the underlying equity. CoinDesk
This is the first time in history a major company has had a simultaneous IPO on a traditional stock exchange AND a public blockchain from day one.
Here's what SPCX gives you that Nasdaq doesn't:
⏰ 24/7 trading — Solana never closes. SPCX trades around the clock, outside Nasdaq hours, including weekends
🔐 Self-custody — hold real SpaceX equity in your own crypto wallet
🔄 Full ACATS/DTCC redemption — convert your SPCX tokens into real SpaceX shares transferable to any traditional brokerage like Schwab or Fidelity, through the same rails that move stocks between brokers
🌍 5.5 billion internet users worldwide as potential participants — Solana Foundation President Lily Liu told CNBC: "As soon as SpaceX is available anywhere, you can get it on Solana, on the internet" MEXC + 2
On-chain data flagged a trader depositing $16.6 million USDC into Hyperliquid to open a long position on SPCX within hours of launch — one of the largest single opening positions of the week. Coin Gabbar
The wall between Wall Street and crypto just became a revolving door.
Did you get into the SpaceX IPO — on Nasdaq or on Solana? 🚀👇