Information around how the token delivers exposure to SpaceX is sketchy.
SpaceX is a privately held company. Unless the VCs involved somehow transfer their risks and rewards to Republic (unlikely), it is likely not true exposure.
Treat as a shitcoin until proven otherwise.
seeing every big solana account talk about republic's spacex token
the token is not spacex equity, and is not linked to spacex equity
it has nothing to do with spacex
it's a derivative instrument republic plans to use to 'mirror' the performance of spacex private stock
crazy how many of these solana guys are either
a) very dumb; or
b) spreading outright lies 😂
by holding this token you do not get exposure to spacex
you get derivative exposure to the 'performance' of spacex, which is pretty opaque considering we are talking about private markets
make sure you dyor before you buy because this token is not what they are telling you it is
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