Binance Ignites Frenzy Around SpaceX Trading

Binance has launched tokenized SpaceX shares on its platform, allowing users to trade SPCXB, a tokenized version of SpaceX stock. The move comes as investor interest in SpaceX-related products continues to grow across both traditional and crypto markets.

The exchange listed SPCXB on its spot market with trading for the SPCXB/USDT pair going live at 17:00 UTC on June 12, accompanied by automated trading tools and a zero maker fee promotion until August 2026. Deposits and withdrawals for the token became available a few days later.

The listing arrives as Binance controls more than 60% of the market for SpaceX perpetual futures trading, with SPCXUSDT perpetual futures contracts becoming the second-most traded futures product on the platform behind Bitcoin futures. This surge in demand highlights strong interest from traders seeking exposure to SpaceX through crypto-native products.