CryptocurrencyCrypto NewsThu, May 21, 2026, 2:43 PMPositive

Bybit opens 24/7 leveraged bets on SpaceX before IPO

Bybit has introduced a new perpetual trading product linked to SpaceX, allowing traders to engage in leveraged bets on the aerospace company ahead of its anticipated IPO in June. The SPCXUSDT perpetual contract offers traders the opportunity to gain exposure to SpaceX with leverage.

WPN Brief

  • What Happened

    Bybit has introduced a new perpetual trading product linked to SpaceX, allowing traders to engage in leveraged bets on the aerospace company ahead of its anticipated IPO in June. The SPCXUSDT perpetual contract offers traders the opportunity to gain exposure to SpaceX with leverage.

  • Why It Matters

    This development signifies Bybit's strategic move to capitalize on the growing interest in SpaceX's public listing, potentially attracting more traders to the platform and enhancing its position in the competitive cryptocurrency market.

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