WaterX Sells Out First SpaceX Pre-IPO Allocation on Sui in Under 50 Minutes
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WaterX Sells Out First SpaceX Pre-IPO Allocation on Sui in Under 50 Minutes

By our Markets Desk2 min read

WaterX sold out its first SpaceX (SPCX) pre-IPO allocation in under 50 minutes, marking the first pre-IPO allocation sale ever held on the Sui network, according to a statement distributed by Chainwire from the Cayman Islands on June 7, 2026.

The allocation was offered on a first-come, first-served basis through waterx.app/en/pre-ipo, and WaterX described it as one of the first opportunities for on-chain investors to take direct pre-listing exposure to a top-tier private company. The company said the demand pattern indicates that private-market exposure is a category the Sui network can support when the right asset appears.

Round one is now closed, and WaterX said users can follow its official channels for information on the next round. The company also announced that its WaterX Prediction Market is set to go live soon, with FIFA World Cup markets included, alongside a 2026 World Cup Mystery Box Campaign available at https://bit.ly/4ximccK.

WaterX describes itself as an AI-native trading engine for perpetuals, prediction markets, and tokenized real-world assets, providing a unified Agent Trading Infrastructure that allows AI agents and human traders to operate on the same permissionless layer with cross-engine signal flow. The project was selected for the Sui Foundation's Moonshots Program.

The statement noted that participation in WaterX products does not constitute ownership of, or any rights in, SpaceX or any underlying issuer, and that WaterX is not affiliated with, endorsed by, sponsored by, or otherwise associated with SpaceX. It added that any valuation, listing timeline, or settlement information is indicative only and subject to change, and that the material does not constitute investment advice, a solicitation, or an offer to buy or sell any security.

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