Gate will launch the first phase of Pre IPO project SpaceX (SPCX), supporting USDT/GUSD dual currency subscription and 100% unlocking Odaily Planet Daily News: Gate, a digital asset trading platform, will launch the first phase of Pre IPO project SpaceX (SPCX), opening up a pre IPO asset subscription channel. This product supports participation in both USDT and GUSD currencies. After subscription is completed, SPCX asset certificates will enter the pre-market trading market in a 100% unlocked form. The subscription period for this period is from 18:00 on April 20, 2026 to 18:00 on April 22 (UTC+8), and SPCX is expected to complete distribution before 18:00 on May 6 (UTC+8). The total subscription amount for this time is 33900 SPCX, with a total value of approximately $20.01 million and a unit price of $590, corresponding to an implied valuation of approximately $1.4 trillion. In terms of mechanism, Pre IPOs use the "average lock up amount per hour" for allocation, emphasizing early participation weights. After obtaining asset certificates, SPCX supports pre-market trading or subsequent delivery. In addition, the minimum participation threshold for this subscription is only 100 USDT, and there are no implicit losses such as handling fees, custody fees, or revenue commissions. Gate Pre IPO focuses on early participation opportunities before high-quality projects go public, opening up a new gateway for individual investors to access global high-quality assets. In the future, the platform will continue to expand more high-quality targets and product forms, promoting the industry to develop towards a more open and efficient direction.