Republic recently introduced a new token named rSpaceX on June 25, 2025, through its investment platform. This token allows global investors to gain exposure to SpaceX without owning any equity in the company. Part of Republic’s Mirror Tokens series, rSpaceX is minted on the Solana blockchain using a proprietary security token standard.
Unlike owning SpaceX shares, the rSpaceX token mirrors the value of SpaceX shares and provides economic exposure in the case of an IPO, acquisition, or other liquidity events. However, it does not grant actual ownership or equity in SpaceX. Republic has clarified that they have no affiliation with SpaceX in any capacity.
The token is available for public investment with a minimum requirement of $50, and individual purchases are capped at $5,000 to encourage broader participation. Investors can make payments using Apple Pay or stablecoins. Republic intends to enable trading of these tokens on a regulated secondary market once their acquisition of INX is completed.
Solana’s Selection for Speed and Scalability
Republic opted for Solana to host the rSpaceX token due to its high-speed and cost-effective infrastructure. Solana’s architecture supports the tokenization of real-world assets at scale, making it suitable for handling private market investments. This decision signifies Republic’s strategy shift to provide retail investors access to illiquid private markets.
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Republic has announced plans to introduce more Mirror Tokens in the future, including tokens linked to other private companies such as xAI, Cursor, Ramp, and Perplexity. A total of 20 additional companies are in line for similar tokenization.
By combining fintech expertise with blockchain infrastructure, Republic aims to broaden investment access. Founder Kendrick Nguyen believes this approach can open up regulated markets to users globally, providing liquidity continuously.
About Republic and its Legal Framework
Headquartered in New York, Republic operates a comprehensive digital asset platform with regulatory licenses for primary issuance and secondary trading. The company manages assets exceeding $3 billion and serves nearly three million members across 150 countries.
The rSpaceX token is offered under U.S. securities exemptions and is subject to jurisdictional restrictions. Classified as a security, the token comes with resale limitations. Although it offers economic exposure, it does not grant voting rights or direct claims against SpaceX.
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