Republic to Offer Tokenized SpaceX Shares via Blockchain, Expanding Retail Access to Private Markets

Investment platform Republic is launching blockchain-based tokens tied to Elon Musk's SpaceX, marking a significant step in democratizing access to high-value private equity. The rSpaceX tokens, structured as Reg CF promissory notes, will track the aerospace company's valuation without conferring ownership—a $350 billion opportunity previously reserved for institutional investors.

The initiative leverages the 2012 JOBS Act framework while bypassing direct issuer involvement. Republic CEO Kendrick Nguyen confirmed upcoming tokenized offerings may include AI leaders OpenAI and Anthropic, signaling a broader move to fractionalize blue-chip tech equity through crypto instruments.

Secondary trading will occur on INX exchange post-acquisition, subject to a 12-month lockup. Parallel efforts like BNB Chain's SPCX token demonstrate growing crypto-native solutions for retail participation in traditionally exclusive asset classes.