Gate said its first pre-IPO project tied to SpaceX, identified as SPCX, raised nearly $395 million. According to the official announcement, the IPO subscription price was $590 and the pre-market quote reached $600.99. The exchange also stated that users staking in the GUSD pool can receive about 2.90% APY. The announcement confirms the fundraising amount, pricing, and staking yield disclosed by Gate.