SpaceX (Republic Pre-IPO)

PRESPAX

RWA, payments and rwa weightsMarket-cap rank 1022, CoinGecko 23 Oct 2026

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.24–

Transparencywithheld×0.20–

Revenuewithheld×0.16–

Innovationwithheld×0.12–

Communitywithheld×0.12–

Tokenomicswithheld×0.16–

Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

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Research, not financial advice. Read the terms.

About SpaceX (Republic Pre-IPO)

Analysis of 22 May 2026

SpaceX (Republic Pre-IPO) is a tokenized derivative issued by Republic on the Solana blockchain, designed to track the economic performance of SpaceX after a potential IPO. Launched via Bitget IPO Prime platform in April 2026, a total of 94,000 PRESPAX tokens were offered at a fixed subscription price of $650 each, targeting $61.1 million in combined value.

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As of May 2026, PRESPAX trades at approximately $838 with a market cap of ~$79 million on Bitget OTC trading. The token does not represent direct equity ownership, voting rights, or dividend entitlements in SpaceX, and SpaceX has not endorsed or authorized the offering.

Republic, a regulated investment platform specializing in private markets, serves as the issuer, while Solana handles settlement and custody of the on-chain instrument. Trading is limited to Bitget with approximately $465K in daily volume.

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