SpaceX xStock

SpaceX xStock (SPCXX) is a tokenized equity instrument issued on the xStocks platform that is designed to give holders exposure linked to SpaceX as a privately held company, brought onto public blockchain networks as a digital token. It is aimed at people who want access to equity-linked instruments through decentralized finance infrastructure rather than through traditional brokerage channels. The platform positions itself as a bridge between conventional capital markets and on-chain finance, addressing the friction and access limitations that often accompany private or otherwise hard-to-reach equity exposure.

SPCXX exists as a token across several blockchain ecosystems simultaneously, including Ethereum, Solana, BNB Chain, Arbitrum, and Mantle, meaning it can be held and transferred on any of those networks. The token is described as backed by real-world equity exposure, so the issuing platform holds or arranges the underlying financial instrument while the token represents a claim on that exposure in a programmable, on-chain form. No consensus algorithm is specified in the available data, which reflects that SPCXX is an asset token riding on the consensus mechanisms of the host chains rather than operating its own.

The data provided does not include a fee stream, revenue figures, or protocol income metrics for SPCXX, so no statements can be made about who pays fees, who receives them, or what the protocol retains. The circulating supply stands at 297,239.64 tokens at a point-in-time price of 148.56 USD, giving a market capitalization of approximately 44.16 million USD. The fdv-to-market-cap ratio is 5.29 at the same point in time, reflecting that the fully diluted valuation is meaningfully larger than the current circulating market cap. Because there is no max supply recorded, the total potential supply is open-ended.