SpaceX Stock on Solana

SpaceX - Backpack Securities ($SPCX) is a Solana token representing 1:1 ownership of underlying SpaceX shares held in regulated custody by Backpack Securities, enabling on-chain trading with redemption into traditional brokerage accounts. Backpack Securities launched the token on June 12, 2026, the day SpaceX listed on Nasdaq, in partnership with Sunrise, achieving over $1 billion in on-chain trading volume in its first month.