SpaceX, IPO
Digest more
Coinbase (COIN) launched pre-IPO perpetual futures contracts, starting with SpaceX (SPCX) as its first listing, aiming to give eligible traders outside the U.S. price exposure to private companies before they go public. SpaceX Pre-IPO Perp is a USDC ...
Pre-IPO perpetual futures contracts give traders the ability to speculate on the value of a private company without owning shares. Coinbase said SpaceX is the first in a planned pipeline of pre-IPO contracts covering hot sectors like AI, energy and space.
The rocket maker's slide has come with almost no insider supply hitting the market. That changes within weeks.
Coinbase (COIN) shares are in focus on June 22 as the company pushes deeper into the high-barrier financial derivatives market. On Monday, the Nasdaq-listed firm announced the official launch of pre-IPO perpetual futures for artificial intelligence (AI) giants OpenAI and Anthropic.
