The SpaceX IPO on Gate @ Gate has also begun. Nowadays, most CEX companies are doing it, but the rules may be slightly different. Link: https://www. (gate.com)/zh/ipos/13 First, go to the market and update @ Gate to the latest version. You can directly see the entrance for subscribing to SpaceX on the homepage. After entering, just proceed with the subscription directly, the overall process is very simple. But currently, I clicked in and there is still an hour left until the official start There are some special points to pay attention to in the subscription rules. -Subscription price: Users who subscribe need to provide an intended subscription price. Then there will be a 5% handling fee for subscription (collected only after successful subscription). If your intended price is $135 per share, plus the handling fee, it is about $141.75/share. The final price will definitely be based on the actual IPO price, but the current price on trade is $155, which can be used as a simple reference. -Subscription period: From 18:00 on the 9th to 12:00 on the 12th, the actual stock distribution will be from 22:00 to 23:00 on the evening of the 12th. Secondly, after the 12th, stock distribution will directly enter trading without locking positions or occupying funds, which is quite good. -Intentional lock up: The official explanation of this rule is quite complicated, but in plain language, the earlier the lock up, the better (red box in Figure 4). There will be a time coefficient in the rules, and the closer the coefficient is to 1, the less your subscription limit will be converted. There are limited legitimate channels to participate in IPOs now. The optimal path for ordinary players to participate is either to bet on trade or to participate in IPO on @ Gate And I also asked my classmates at Gate, and they found that the stocks they obtained from participating in the IPO on the platform are real, and they can directly trade on the US stock market, seamlessly connecting. It's really good. There are over 10000 mainstream stocks and ETFs, and their depth also covers major US securities trading markets such as NYSE, Nasdaq, NYSE Arca, NYSE America, and BATS. Basically, there is no need to prepare a US card or identity to open a securities firm.