SpaceX stock is coming to Solana the same day it lists on Nasdaq

Summary

SpaceX shares are set to be tokenized on Solana through a new SPCX token launched by Sunrise and Backpack Securities, with trading expected to start the same day SpaceX is slated to list on Nasdaq. Backpack issues the token, which is tied to underlying SpaceX shares and can be redeemed for shares through its brokerage platform; eligible shares can also be converted back into tokens. The aim is to connect traditional brokerage accounts with onchain markets and make newly listed U.S. equities available onchain from day one. SPCX will trade 24/7 on Solana, including outside normal market hours, and can be held in self-custody wallets and traded on supported Solana venues. The launch reflects growing interest in tokenized real-world assets and the broader push to make equities more accessible and continuously tradable.