Are you preparing for SpaceX stock?

[Thewatchman]

Hi guys,

Recently, the popular awaiting project (SpaceX) was launched few days ago, where almost everyone is finding a way to acquire some quantity of the assets either through stock market or crypto market.

I have searched on bybit how to acquire some quantity, and I came across the option to buy SPCXX, which is equivalent to 1 SPCX on Stock. Bybit meaning that spot traders can only buy SPCXX which is built on Solana and Mantle Network only.

How much trust can you have on this new project, do you see it making good numbers in the future like Gold, Bitcoin and other stocks? Asking this because I am about to purchase some quantity of SPCXX on spot trading for long term. Are you also getting prepared to do the same?

[Charles-Tim]

I have searched on bybit how to acquire some quantity, and I came across the option to buy SPCXX, which is equivalent to 1 SPCX on Stock. Bybit meaning that spot traders can only buy SPCXX which is built on Solana and Mantle Network only.

SPCXX is built on Ethereum, Solana, BNB, Arbitrum, TON, Mantle, OKX X layer and HyperEVM network.

Other ones like the SPXCON on ONDO network will later also be launched.

How much trust can you have on this new project, do you see it making good numbers in the future like Gold, Bitcoin and other stocks? Asking this because I am about to purchase some quantity of SPCXX on spot trading for long term. Are you also getting prepared to do the same?

If you can get the shares directly by buying the stocks, it is better than buying the tokenized SPCX which are not SPCX but pegged to it, although no tokenized stocks that I have heard of that got depegged.

[Thewatchman]

<..>

How much trust can you have on this new project, do you see it making good numbers in the future like Gold, Bitcoin and other stocks? Asking this because I am about to purchase some quantity of SPCXX on spot trading for long term. Are you also getting prepared to do the same?

If you can get the shares directly by buying the stocks, it is better than buying the tokenized SPCX which are not SPCX but pegged to it, although no tokenized stocks that I have heard of that got depegged.

But the price in stock is the same as the price in crypto token, no difference.
So, what makes it better in getting the asset in stock and not in crypto? I am afraid to buy in stock because of liquidation, don't know how to go about stock market, so I only prefer to grab in spot for as long as I can.

[Charles-Tim]

But the price in stock is the same as the price in crypto token, no difference.
So, what makes it better in getting the asset in stock and not in crypto? I am afraid to buy in stock because of liquidation, don't know how to go about stock market, so I only prefer to grab in spot for as long as I can.

What kind of liquidation? Probably you are referring to its derivatives. It is just like saying you buy shares of a bank and that it will be liquidated. That is not possible. Only what can happen is unrealized profit or loss before selling the shares.

The problem that you can asked is the right place to buy it from.

What I mean is if something happened to SPCXX, it can not affect SPCX
If something happened to SPCX, it will affect SPCXX immediately

You should have heard of many collateral fiat stable coins that depegged, that is what I mean. Although, people keep buying USDT and USDC, but they know the risk.

Edit:
Also the title can be a misinformation because the IPO has been overnsimce many days ago and the stock is trading already since days ago.

[Exitoral]

Hi guys,

Recently, the popular awaiting project (SpaceX) was launched few days ago, where almost everyone is finding a way to acquire some quantity of the assets either through stock market or crypto market.

I have searched on bybit how to acquire some quantity, and I came across the option to buy SPCXX, which is equivalent to 1 SPCX on Stock. Bybit meaning that spot traders can only buy SPCXX which is built on Solana and Mantle Network only.

How much trust can you have on this new project, do you see it making good numbers in the future like Gold, Bitcoin and other stocks? Asking this because I am about to purchase some quantity of SPCXX on spot trading for long term. Are you also getting prepared to do the same?

This is just like Bitcion ETFs. Not saying it is bad, but wouldn't it be nice if you actually bought the shares directly? Although, what Bybit is doing is to make it tradeble just like how bitcoin vs the usd is. So it is not actually bad if you decided to go that route. I may likely look into it too. Because i am just hearing this for the first time.

[Thewatchman]

Hi guys,

Recently, the popular awaiting project (SpaceX) was launched few days ago, where almost everyone is finding a way to acquire some quantity of the assets either through stock market or crypto market.

I have searched on bybit how to acquire some quantity, and I came across the option to buy SPCXX, which is equivalent to 1 SPCX on Stock. Bybit meaning that spot traders can only buy SPCXX which is built on Solana and Mantle Network only.

How much trust can you have on this new project, do you see it making good numbers in the future like Gold, Bitcoin and other stocks? Asking this because I am about to purchase some quantity of SPCXX on spot trading for long term. Are you also getting prepared to do the same?

This is just like Bitcion ETFs. Not saying it is bad, but wouldn't it be nice if you actually bought the shares directly? Although, what Bybit is doing is to make it tradeble just like how bitcoin vs the usd is. So it is not actually bad if you decided to go that route. I may likely look into it too. Because i am just hearing this for the first time.

How can I buy the shares directly from the stock market, I can't and don't know how to buy on the derivative market, it looks complex for me. I read from the internet that only those residing in the US or foreigners can buy on the stock market, that they need to undergo residential verification before buying, is that true?

[TrialBitcoin]

But the price in stock is the same as the price in crypto token, no difference.
So, what makes it better in getting the asset in stock and not in crypto? I am afraid to buy in stock because of liquidation, don't know how to go about stock market, so I only prefer to grab in spot for as long as I can.

The price movement may look similar, but the major difference is what you actually own.

When you buy a stock, you own a share in a real company with assets, revenue, products, and legal protections. If the company performs well over time, shareholders can benefit through growth and sometimes dividends. With most crypto tokens, the value is often driven more by market demand, speculation, and the utility of the token within its ecosystem. Many tokens don't represent ownership of a business or its underlying assets.

As for liquidation, that usually applies to leveraged trading, not simply buying and holding stocks. If you buy stocks in a regular investment account and hold them, you won't be liquidated the way a leveraged trader can be. That said, it's completely understandable to stick with spot purchases if that's what you understand and can manage comfortably. The best investment is often the one you fully understand, including its risks. Before choosing either stocks or crypto, take time to learn how each market works and only invest what you're prepared to hold through volatility.