According to an official announcement, Coinbase will launch the SpaceX Pre-IPO perpetual contract, ticker SPCX-PERP, on or after June 4, 2026 at 14:00 (UTC+8). This derivative product allows traders to speculate on or hedge against the valuation of SpaceX, a private company, without holding the actual equity.
The launch comes as Coinbase expands its derivatives offerings to include pre-IPO contracts of high-profile private companies. However, trading will only be activated in jurisdictions where sufficient liquidity is available and local regulatory support has been secured. As a result, the exact availability for users may vary by region. Traders are advised to monitor official communications for updates on supported areas and exact go-live times. The perpetual contract will track the implied value of SpaceX shares, giving retail investors a new avenue to gain exposure to the space technology giant, albeit with the inherent risks of derivative trading.