On June 25, 2025, investment platform Republic launched a new token called rSpaceX, giving global investors exposure to SpaceX without owning its equity. The token is part of Republic’s new Mirror Tokens series and is minted on the Solana blockchain using a proprietary security token standard.
The rSpaceX token reflects the value of SpaceX shares and offers economic exposure in the event of an IPO, acquisition, or other liquidity event. However, it does not represent actual ownership or equity in SpaceX. Republic confirmed the company is not affiliated with SpaceX in any form.
The offering is available to the public with a minimum investment of $50. Purchases are capped at $5,000 to allow broader participation. Payments can be made via Apple Pay or stablecoins. Republic plans to make these tokens tradable on a regulated secondary market once its acquisition of INX is finalized.
Solana Chosen for Speed and Scale
Republic chose Solana to host the rSpaceX token due to its high-speed, low-cost infrastructure. The blockchain’s architecture supports the tokenization of real-world assets at scale, making it suitable for handling private market investments. This marks a shift in Republic’s strategy to unlock access to illiquid private markets for retail investors.
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The company said the rSpaceX token is only the first of many planned Mirror Tokens. Future offerings will include tokens tied to other private companies like xAI, Cursor, Ramp, and Perplexity. In total, 20 more companies are in line for similar tokenization.
Republic aims to expand investment access by combining fintech experience with blockchain infrastructure. According to founder Kendrick Nguyen, this model opens regulated markets to users worldwide, offering liquidity around the clock.
About Republic and the Legal Structure
Republic, based in New York, operates a full-stack digital asset platform with regulatory licenses covering primary issuance and secondary trading. It manages over $3 billion in assets and serves nearly three million members across 150 countries.
The rSpaceX token is offered under U.S. securities exemptions and comes with jurisdictional limitations. It is classified as a security and subject to resale restrictions. While the token offers economic exposure, it does not include voting rights or direct claims against SpaceX.
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