Two separate platforms have launched tokenized SpaceX equity ahead of its historic IPO, marking a new chapter in real-world asset tokenization. Mantle, the distribution layer connecting traditional finance with DeFi, announced the listing of SPCXx issued by xStocks on Mantle's ecosystem, available for 24/7 on-chain trading from the day of the IPO. Simultaneously, RWA platform MSX listed its SpaceX token SPCX.M for spot trading after completing a pre-IPO allocation.
The SPCXx token will be tradeable on Mantle's venues Fluxion and Merchant Moe. Fluxion offers institutional-grade execution via Atomic RFQ, bypassing AMM slippage with issuer-direct minting and redemption. Merchant Moe has launched "Project X," deploying up to 100,000 MNT in liquidity incentives for the SPCXx/USDT0 pool, and plans to extend the campaign to future xStocks IPOs.
On MSX, SPCX.M reached an intraday high of $176.52 and is trading at approximately $166.85, a 40% gain from its pre-IPO subscription price of $119.138. The platform completed token allocation for pre-IPO investors. The listing underscores strong demand for fractional access to private company equity via blockchain.
