Binance SpaceX bStock Goes Live as SPCX Stock Pushes Past $212

Binance added a tokenized SpaceX stock to its bStocks lineup Tuesday, listing the SPCXB/USDT pair on its spot exchange. The trading pair went live at 17:00 UTC on June 12, a move that follows a string of similar listings for companies like Circle, Nvidia, Tesla, Micron, and Sandisk.

The exchange is offering a zero maker fee on SPCXB trades through the end of August, a promotion aimed at attracting early liquidity, according to Binance's announcement. Automated trading tools were enabled from day one, allowing algorithmic strategies to participate immediately. Deposits and withdrawals for the token opened a few days after the listing, giving traders time to position.

Meanwhile, Binance's existing SpaceX perpetual futures contract has already become the second most traded futures product on the platform, trailing only Bitcoin contracts. The crypto exchange commands more than 60% of the market share in SpaceX perpetual futures trading, CoinGape reported.

SpaceX's underlying stock (SPCX) gained another 12% Tuesday, pushing past $212 and touching an intraday high of $225.64. The rally lifted the company's market capitalisation above $3 trillion, a milestone that made Elon Musk the world's first trillionaire, according to CoinGape.

Nvidia shares, which Binance also tokenized, traded at $207.29, down 2.4% Tuesday, per AlphaScala data.

The SpaceX IPO surge earlier this year drew a wave of retail interest into tokenized equity products, and Binance's latest listing extends that pipeline. Check the NVDA stock page for updates on another recently tokenised name.