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Bybit launches IPO Express for tokenized SpaceX share subscription

Bybit launches IPO Express for tokenized SpaceX share subscription

Bybit has expanded the xStocks-based product to all eligible users, removing prior subscription caps and tier limits ahead of SpaceX allocation on June 11-12 and spot trading on June 12.

Fact Check
The official Bybit press release on PRNewswire confirms every detail of the claim: Bybit launched IPO Express on June 7, 2026, with SpaceX as the inaugural tokenized IPO offering via xStocks, available to eligible VIP/Pro users, with the exact dates cited (subscription June 7-11, allocation June 11-12, spot listing June 12). This is further corroborated by Bybit CEO Ben Zhou's X post, the live Bybit IPO Express product page, and multiple independent crypto news outlets.
Summary

Bybit said on June 8 that it upgraded Bybit IPO Express, expanding access to the tokenized U.S. stock IPO subscription product to all eligible users and removing subscription caps and user-tier limits. The exchange had launched the xStocks-based service on June 7 with SpaceX as the initial supported offering and previously limited access to eligible VIP and Pro users. Registration and subscription for the tokenized SpaceX offering run from June 7-11, allocation is scheduled for June 11-12, and spot trading is set to begin on June 12. Bybit said the SpaceX shares are fully reserved and 1:1 linked to real equity through xStocks’ tokenized structure.

Terms & Concepts
  • tokenized U.S. stock IPO subscription product: A service that lets users subscribe to a stock offering through blockchain-based tokens tied to underlying shares.
  • IPO issue price: The set price at which shares are offered in an initial sale.
  • 1:1 linked to real equity: Each token is matched directly to a corresponding underlying share.