Dubai, United Arab Emirates — June 12, 2026
Bybit has added SPCXX, the xStocks tokenized representation of SpaceX, to its Spot market, timing the launch to coincide with SpaceX's public listing on Nasdaq. The exchange, which ranks as the world's second-largest by trading volume, opened SPCXX deposits and began Spot trading at 16:20 UTC on June 12, 2026. Withdrawals for the token are scheduled to open at 10:00 UTC on June 13, 2026.
The listing is accompanied by promotional incentives for traders. Bybit is offering a 200,000 USDT Token Splash prize pool that will be distributed to participants who accumulate spot trading volume in SPCXX pairings. In addition, a limited-time promotion for eligible users requires a 100 USDT deposit and a first trade of at least 100 USDT in SPCXX; the first 3,000 new users who complete both steps will receive 10 USDT each.
Timing and mechanics
According to the schedule provided by Bybit, the timelines are as follows:
- SPCXX deposits opened: June 12, 2026, 16:20 UTC
- SPCXX listing on Bybit Spot: June 12, 2026, 16:20 UTC
- SPCXX withdrawals open: June 13, 2026, 10:00 UTC
Bybit describes SPCXX as a token designed to provide market participants with exposure to SpaceX share performance via a tokenized instrument that is verifiably backed 1:1 by shares. The listing on Spot enables direct spot trading in the SPCXX pairs offered by the exchange.
Context and alignment with SpaceX public debut
The Bybit Spot listing was announced on the same day that SpaceX completed its Nasdaq debut, priced at $135 per share. The public offering was characterized in the exchange's statement as the largest IPO in stock market history at a valuation described as reaching a trillion-dollar level. Bybit positions SPCXX as a tokenized channel for traders to gain exposure to SpaceX's share performance through a tradable digital token backed on a 1:1 basis.
Platform details and contact points
Bybit is described in the announcement as serving more than 80 million users globally, and as having been founded in 2018. The exchange highlighted its focus on Web3, on-chain infrastructure partnerships, custody, marketplaces, and user experience. The company provided media contact details and community links for further information: [email protected] and a list of Bybit community and social channels. For press inquiries the notice lists Tony Au as Head of PR with the email [email protected].
Legal and promotional notes
Promotional offers and participation are subject to terms and conditions. Bybit directed interested users to their dedicated page for the SPCXX listing for details on eligibility, potential restrictions, and the full terms governing the listed promotions.
Additional promotional content included in the announcement referenced an AI-driven stock idea tool and posed a hypothetical investor question about SPCX investment, but details and eligibility for such services were framed as separate, supplemental material.
For users seeking further detail, the exchange's SPCXX listing page and Bybit press resources are cited as the sources for full program rules and technical specifics.