Kraken offers SpaceX IPO access through xStocks

Kraken enables users in 110+ markets to register for tokenized SpaceX equity through xStocks. Eligible users must have a verified Kraken mobile account and apply for IPO Access. Participants receive SPCXx tokens, 1:1 backed by SpaceX shares, tradeable 24/7 on xStocks platforms. The offering is unavailable in U.S., Canada, Australia and U.K. due to regulatory restrictions. SpaceX aims to raise $75 billion at a $1.8 trillion valuation in its June 12 IPO.