MSX Debuts SpaceX Stock Token SPCX.M; First-Day High Hits $176.52

According to BlockBeats, RWA trading platform MSX began spot trading of the SpaceX U.S. stock token, SPCX.M, on June 13. Market data shows SPCX.M climbed to an intraday peak of $176.52 and was last changing hands at $166.85, roughly 40% above its PreIPO subscription price of $119.138. MSX said the start of spot trading also marks the completion of share distribution for user subscriptions made during the PreIPO phase. The project's PreIPO valuation was $1.38 trillion, with an early locked-in offer price set at $119.138. SPCX.M is MSX's latest core PreIPO asset following Cerebras (CBRS.M), completing the full cycle of early subscription, listing, and share distribution.