A Tokenized SpaceX Stock Will Be Available on Solana the Same Day the IPO Begins Trading

CryptoProwl

Thu, June 11, 2026 astatine 12:28 PM CDT 1 min read

SpaceX (NASDAQ: $SPCX) is the shiny caller banal to ain these days, and for investors, it'll beryllium adjacent easier to bargain it arsenic it'll beryllium disposable connected Solana arsenic well. A tokenized mentation of SpaceX, issued by Backpack Securities, volition beryllium disposable connected the aforesaid time the banal begins trading connected the Nasdaq, and it tin beryllium redeemed for existent shares by utilizing Backpack's brokerage platform. 

SpaceX is wide expected to beryllium 1 of the hottest caller issues of the year, adjacent though its valuation volition beryllium precocious close retired of the gate, with the institution targeting a valuation of astir $1.75 trillion, and it whitethorn extremity up topping $2 trillion oregon much connected its archetypal day. 

That would instantaneously marque it 1 of the astir invaluable companies successful the world, close up determination with the "Magnificent Seven," adjacent though SpaceX is simply a highly unprofitable company.

More From Cryptoprowl:

• Ripple, The Company Behind XRP, Is Valued At $50 Billion

• Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge

• Blockchain Projects Decline 75% As Developers Shift To A.I.

• Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance

• New York Stock Exchange Invests $600 Million In Polymarket

Nonetheless, having a tokenized mentation of a apical IPO disposable via a starring blockchain web specified arsenic Solana (CRYPTO: $SOL) represents a immense milestone for the crypto markets. And the vantage for crypto traders is it would connection greater accessibility and flexibility.

Since trading tin beryllium done astatine immoderate hr of the day, it'll beryllium overmuch easier for investors to bargain erstwhile it's convenient for them to bash so, alternatively than relying connected erstwhile the banal marketplace is open. In the agelong run, this could yet assistance pb to greater acceptance of tokenized shares, wherever U.S. stocks go overmuch much accessible and wide traded. 

CEO Armani Ferrante of Backpack sees the bigger representation being astir " making underlying securities portable crossed fiscal systems."