Elon Musk's SpaceX is about to have its TGE soon. Yesterday, I specifically chatted with some traditional finance friends about how this thing works. Basically, exchanges buy early VC investment allocations and offer them to retail investors for new launches. Kind of like the previous new coin listings, but this time it’s stocks instead. Currently, the exchanges featuring SpaceX are: Binance: The Web3 wallet section has added an on-chain Pre-IPO asset feature. Besides SpaceX, you can also see OPEN AI. Bitget: Launched a brand-new IPO Prime platform, with the first product being SpaceX. It offers 1:1 tracking of SpaceX’s post-IPO economic performance. (Subscription window expected from April 18-21) Gate: Listed SPACEX Pre-IPO stock futures contracts. MSX (MaiTong): Launched the Pre-IPO section in early March, which included SpaceX allocations, making it one of the earliest platforms.