You wanted to get in on SpaceX.
You saw the headlines. You saw people talking about allocations. You saw Fidelity dropping requirements from US$500,000 to US$2,000 and thought “finally, this is my moment.”
Unfortunately, unless you’ve already got a US brokerage account, submitted your indication of interest, and sacrificed a goat to the allocation gods, you’re probably not getting IPO shares.
Alexa play That’s Life by Frank Sinatra
Not to worry, Houston – we found a way.
First Things First: Get USD
If you already have a USD account connected to Apple Pay, skip ahead.
If not, go create a Wise account:
Honestly, if you don’t already have Wise, what are you doing? It’s probably the best currency conversion platform available to most Malaysians right now.
Log into Wise. Add some MYR into your account. Create or open a USD balance. Convert your MYR into USD.
Yes, there will be some tiny fees. No, they’re not even remotely close to the daylight robbery some traditional banks charge every time you look at a foreign currency.
Once your USD balance is ready, create a Wise digital card. You can order a physical card too if you want. Apparently they’ve got some pretty nice FIFA World Cup designs floating around now.
Once the card is active, add it to Apple Pay.
You are now financially international.
Now Download Kraken Pro
Next step:
Download Kraken Pro.
https://www.kraken.com/sign-up?rfr=pro-web
Create an account. Complete verification.
Once you’re in, hit Deposit and fund the account using your Wise card through Apple Pay.
Disclaimer: The transaction may be declined the first time. Since Kraken is a crypto platform, Wise may require you to manually approve or confirm the transaction channel before it goes through.
Your USD should arrive and you’re ready to go.
Already have crypto sitting around? Even easier.
Send your crypto into Kraken and use that as your capital instead.
What Are We Actually Buying?
https://pro.kraken.com/app/trade/futures-spcxx-usd-perp?
This is where people get confused.
You’re not buying actual SpaceX shares. You’re not getting voting rights. You’re not attending shareholder meetings. You’re not helping decide whether humanity goes to Mars.
What you’re getting is exposure.
Kraken’s product is a pre-IPO perpetual contract and a tokenized instrument that is designed to track the value of SpaceX.
Think of it like this.
You don’t own the rocket. You’re just close enough to feel the launch.
For most retail investors, that’s what we wanted anyway.
The Trade
Search for:
PF_SPCXXUSD
This is Kraken’s SpaceX pre-IPO perpetual contract.
A perpetual contract is a derivative instrument that tracks an underlying asset without having an expiry date.
In simple English:
It allows traders to gain exposure to SpaceX’s valuation before the stock officially becomes available to everyone.
Kraken currently allows eligible users to go long or short and offers leverage of up to 5x. Now before some genius reads “5x leverage” and immediately starts calculating how quickly he can turn RM1,000 into a Lamborghini:
Please understand leverage works both ways. It can multiply gains. It can also introduce you to losses faster than Arsenal fans discover new ways to suffer.
Use responsibly.
Setting The Order
Once you’ve found PF_SPCXXUSD:
- Open the market.
- Select Buy.
- Choose Market Order if you want immediate execution.
- Choose Limit Order if you want to enter at a specific price.
- Confirm the trade.
That’s it.
You’re in.
No venture capital connections. No billionaire friends. No waiting list.
Lift off.
See you on the other side.
And if you’re interested in space, exploration, future technology and the next generation of dreamers, keep an eye on E-Universe.
The future isn’t waiting. It’s here.
