Republic Launches rSpaceX Token to Democratize SpaceX Investment via Blockchain

Retail investors can now gain exposure to SpaceX through blockchain-based mirror tokens, bypassing traditional stock ownership. Republic, a crowdfunding platform, introduces rSpaceX—a digital promissory note tracking SpaceX's valuation. With a minimum investment of $50 and a $5,000 cap, the token targets mass accessibility ahead of a planned INX Exchange listing.

The security token operates under Regulation Crowdfunding, offering cash payouts tied to SpaceX's secondary market performance during liquidity events like IPOs. Token holders forfeit voting rights and equity ownership, reflecting the trade-off between accessibility and traditional shareholder privileges.

SpaceX's latest $420 billion valuation underscores the token's appeal, though risks persist. Investors lack official recognition as SpaceX shareholders and receive no direct financial disclosures—a reminder that innovation often outpaces regulation in digital asset markets.