Kraken offers SpaceX IPO access through xStocks

Written by Sam Bourgistaff writerReviewed by Robert Lakinstaff editorWritten by Sam Bourgistaff writerReviewed by Robert Lakinstaff editorKraken offers SpaceX IPO access through xStocksLatest NewsPublishedJun 5, 2026Eligible users in more than 110 markets can register for tokenized SpaceX equity ahead of the company's highly anticipated public listing. Crypto exchange Kraken is giving customers access to the upcoming SpaceX initial public offering through xStocks, a tokenized equities platform, highlighting the growing convergence between crypto infrastructure and traditional capital markets.Kraken announced Friday that SpaceX will be the first public offering available through xStocks IPO Access, which allows eligible users to participate in the offering through tokenized equity instruments.To participate, users must have a verified Kraken account on the Kraken mobile app and submit an application for IPO access. The offering is not available through Kraken Pro or the company’s desktop platform.According to Kraken, IPO Access is available across the European Economic Area (EEA) and more than 110 international markets, though participation is restricted in the United States, Canada, Australia and the United Kingdom due to regulatory limitations.Source: KrakenEligible users can register interest in purchasing SpaceX shares before the company begins public trading. Investors who receive an allocation will be issued SPCXx, a tokenized representation of SpaceX equity backed 1:1 by the underlying shares. The tokens can be traded 24/7 on Kraken and other participating xStocks platforms.Related: Kraken’s xStocks tops $25B in volume with more than 80K onchain holdersSpaceX targets $1.8 trillion valuation, record debutSpaceX is expected to begin trading publicly on June 12, giving investors their first opportunity to own shares in Elon Musk’s rocket and satellite company.According to Bloomberg, demand for the offering has already exceeded the number of shares available, w…

Kraken offers SpaceX IPO access through xStocks

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