New York-based investment platform Republic is launching digital tokens, rSpaceX, allowing retail investors to gain exposure to SpaceX's performance.
These tokens, built on the Solana blockchain, aim to reflect the valuation of SpaceX's private shares. The minimum investment is $50, with a maximum of $5,000 per investor.
After a one-year lock-up period, the tokens can be traded on the INX platform, which Republic is acquiring. Republic plans to expand this initiative to other private companies, such as OpenAI.