Binance Futures will launch a new perpetual contract for Space Exploration Technologies Corp. (SPCX) on July 20, 2026. The SPCXUSD1 contract allows traders to speculate on SpaceX share prices with up to 25x leverage.
Settlement for the new derivative will occur in USD1. This move expands Binance’s traditional finance (TradFi) offerings, providing 24/7 market access to SpaceX-linked products.
The launch follows a recent decline in SpaceX’s valuation back to its original IPO price. The contract offers price exposure to the company without requiring ownership of underlying shares.