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Republic Launches 'rSpaceX', a Cryptocurrency Token Tracking SpaceX Stock Price, for Retail Investors

2025/06/26 11:32 (Updated 2025/06/26 18:01)
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Written by L.Kikutani
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Republic Launches 'rSpaceX', a Cryptocurrency Token Tracking SpaceX Stock Price, for Retail Investors

Opening Access to Retail Investors

This week, the investment platform Republic began the presale of 'rSpaceX', a blockchain-based token that tracks the stock price of Elon Musk's aerospace company, SpaceX. Utilizing the crowdfunding provisions of the 2012 JOBS Act (SEC Form C), the company has opened up investment opportunities in private companies that were previously accessible only to institutional investors. The rSpaceX tokens are issued in the form of promissory notes, allowing holders to participate in the stock price movements without becoming direct shareholders of SpaceX, which had an estimated corporate value of $350 billion as of December last year.

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.