Gate launches direct IPO (IPO Access). Users can participate in SpaceX stock subscriptions; applications begin on June 9.

Gate News reports that, according to an official Gate announcement on June 9, 2026, Gate has officially launched the “Direct IPO Access (IPO Access)” product, providing users with an investment channel to participate in IPOs of global high-quality companies. Users can submit subscription applications before the companies are officially listed. Based on the actual IPO offering situation and the allocation quota obtained by the platform, users may have the chance to receive the full allocation, a partial allocation, or no allocated shares. After the IPO ends, users who receive an allocation can directly enter Gate’s US stock products to conduct real stock trading.

The first Direct IPO project is SpaceX, with the ticker SPCX. Subscriptions are made with USDT. The reference subscription indicative price is $135 per share, with a subscription fee of 5%. The minimum investment is 100 USDT, and the maximum is 500,000 USDT. The indicative subscription period is from 18:00 on June 9, 2026 to 12:00 on June 12, 2026 (UTC+8). Stocks are expected to be distributed between 22:00 and 23:00 on June 12, with no lock-up period.

Distribution rules are calculated based on the proportion of each user’s hourly average locked-in amount to the total indicative subscription amount of all participating users. The earlier the subscription, the higher the weight. If the final IPO pricing and the reference price fluctuate by more than 20%, a secondary confirmation process will be initiated. The smallest allocation unit is 0.01 share.