Bybit Launches IPO Express With Tokenized SpaceX Access

Bybit launched IPO Express, a product offering tokenized IPO shares starting with SpaceX. Eligible users can subscribe via Payward Services' xStocks infrastructure using USDC. SpaceX set a $135 share price, aiming to raise $75 billion at a $1.75 trillion valuation. The tokens track economic exposure but do not grant voting rights, dividends, or direct ownership.