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Event File CRYPTO OpenAI Cryptocurrency Exchanges SpaceX Perpetual Futures OKX

OKX Launches Pre-IPO OpenAI and SpaceX Perpetual Futures in Push Into Private Equity Trading

1 reports · First detected 2026-05-06 · Last active 2026-05-06

Private-company equity is generally available only to institutional or accredited investors, but OKX is offering synthetic price exposure through USDT-settled perpetual futures. Traders do not need to own shares in OpenAI, SpaceX or Anthropic. The move follows a wave of pre-IPO trading products from platforms including Bitget and Injective and targets the roughly $13 trillion private equity market, though the contracts carry no shareholder rights.

OKX listed SPACEX/USDT, OPENAI/USDT and ANTHROPIC/USDT in sequence on May 7, 2026, at 5:00 p.m., 5:15 p.m. and 5:30 p.m. Taiwan time, respectively. The contracts offer leverage of up to 5x. Before listing, valuations are calculated on an assumed 1 billion shares, with each unit representing approximately one-billionth of the company's market capitalization. After an IPO, the products will convert into standard equity perpetual futures.

All Coverage

1 original reports
COINDESK.COM 2026-05-06
OKX joins crypto’s pre-IPO frenzy with OpenAI, SpaceX perpetual futures

The Backstory

The history behind this event
After this
Blockchain.com Launches SpaceX-Linked Perpetual Contractfirst seen 2026-06-11 · 1 reports · similarity 0.79 · same topic: SpaceX

SpaceX is not publicly listed, making it difficult for ordinary investors to trade its shares directly. Blockchain.com has therefore turned market expectations for a SpaceX IPO into a derivative aimed at eligible institutional clients. The product provides price exposure without requiring investors to hold actual shares and does not confer ownership of SpaceX equity.

Blockchain.com announced in July 2026 that its OTC desk had launched perpetual contracts trading 24 hours a day, seven days a week, with the initial offerings including a SpaceX-linked product. As of July 20, the platform had not disclosed the contract size, trading volume or date of a SpaceX IPO. Investors should be mindful of leverage, pricing and liquidity risks.

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