SpaceX (Republic Pre-IPO)

PRESPCX Price

About SpaceX (Republic Pre-IPO) (PRESPCX)

SpaceX (Republic Pre-IPO) is a tokenized financial instrument designed to provide digital exposure to the economic performance of SpaceX common stock following a potential public offering.

• Issued by Republic International Cayman as tokenized Contingent Payout Notes that function as debt securities.
• Operates as a tracking asset for the value of SpaceX shares without conferring direct equity ownership or voting rights to holders.
• Deployed on the Solana blockchain to enable decentralized accessibility and secondary market trading for private equity exposure.

What Is SpaceX (Republic Pre-IPO)

SpaceX (Republic Pre-IPO) enables digital asset investors to gain exposure to the valuation of SpaceX, a private aerospace manufacturer, before its shares are traded on traditional public exchanges. The value of the PRESPCX token is structured to track the economic performance of SpaceX stock, with potential settlements tied to the realization of the underlying asset's value.

Value moves through the system via the issuance of Contingent Payout Notes. These notes represent a payment obligation from the issuer that is triggered by a "qualifying event," such as an Initial Public Offering (IPO) or a corporate acquisition. The token is "put to work" as a claim on these payout notes, allowing it to be traded in secondary markets to reflect the changing private valuation of the company.

As the SpaceX ecosystem grows and approaches a liquidity event, the secondary market for PRESPCX provides a mechanism for price discovery on-chain. If no such qualifying event occurs within the defined period, the timing and amount of payments to note holders may be affected as specified in the issuer's terms.

What Makes SpaceX (Republic Pre-IPO) Unique

• Regulated Issuer Framework: Unlike many synthetic assets, this token is issued by Republic International Cayman, a subsidiary of a known investment platform, providing a structured legal framework for the debt securities.
• Pre-IPO Accessibility: It bridges the gap between restricted private equity markets and retail investors, allowing for fractionalized exposure to high-growth private companies.
• Official Stock Split Alignment: The project managed a 5-for-1 stock split and rebranding from its original preSPAX ticker to PRESPCX in May 2026 to align with changes in the underlying SpaceX share structure.
• On-chain Transparency: By utilizing the Solana network, the asset provides a transparent ledger for the ownership and transfer of tokenized interests in private market notes.

What Can You Use SpaceX (Republic Pre-IPO) for?

• Secondary Market Trading: Users can trade the token on supported platforms to speculate on the future public valuation of SpaceX shares.
• Portfolio Diversification: The asset allows investors to incorporate exposure to the private aerospace and technology sector into a broader Real World Assets (RWA) portfolio.
• Future Payout Rights: Holding the token represents a right to receive payments tied to the performance of SpaceX common stock after a qualifying liquidity event occurs.

How Does SpaceX (Republic Pre-IPO) Work?

The PRESPCX token is a tokenized representation of Contingent Payout Notes, which are debt obligations issued by Republic. In this mechanism, the issuer agrees to pay holders based on the future value of SpaceX stock rather than providing direct shares in the company.

Bitget serves as the Calculation Agent, responsible for determining price adjustments and verifying the occurrence of qualifying events. The asset is issued on the Solana blockchain, a Layer 1 network, which facilitates high-speed transactions and settlement for the tokenized notes. This structure allows the asset to function as a synthetic tracking tool for private equity performance within the Solana Ecosystem.

Team Info and Investors

The token is issued by Republic International Cayman, a regulated entity under the Republic (OpenDeal Inc.) umbrella, which is a prominent investment platform specializing in private markets. Bitget acts as the Calculation Agent and Fiscal Agent, managing technical adjustments and providing listing support. No formal decentralized governance structure is specified, as all calculations and adjustments are made at the sole discretion of the Calculation Agent according to the terms of the Global Security.

Where can you buy SpaceX (Republic Pre-IPO)?

PRESPCX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade SpaceX (Republic Pre-IPO) is Bitget, where the most active trading pair PRESPCX/USDT has a trading volume of $44,588.09 in the last 24 hours.

What is the daily trading volume of SpaceX (Republic Pre-IPO) (PRESPCX)?

The trading volume of SpaceX (Republic Pre-IPO) (PRESPCX) is $44,648.87 in the last 24 hours, representing a -78.10% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for SpaceX (Republic Pre-IPO) (PRESPCX)?

SpaceX (Republic Pre-IPO) (PRESPCX) reached an all-time high of $947.28 and an all-time low of $103.92. It’s now trading -84.60% below that peak and 40.20% above its lowest price.

What is the market cap of SpaceX (Republic Pre-IPO) (PRESPCX)?

Market capitalization of SpaceX (Republic Pre-IPO) (PRESPCX) is $13,834,996 and is ranked #1026 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PRESPCX tokens (95 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of SpaceX (Republic Pre-IPO) (PRESPCX)?

The fully diluted valuation (FDV) of SpaceX (Republic Pre-IPO) (PRESPCX) is $13,834,996. This is a statistical representation of the maximum market cap, assuming total number of 95 Thousand ETH tokens are in circulation today.

How does the price performance of SpaceX (Republic Pre-IPO) compare against its peers?

With a price decline of -2.10% in the last 7 days, SpaceX (Republic Pre-IPO) (PRESPCX) is underperforming the global cryptocurrency market which is down -1.00%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are down -1.30%.