Gate News message, according to the Gate official announcement,

SPCX shares will be listed on the U.S. stock market on June 12, 2026 at 21:30 (UTC+8). Based on historical case studies from IPO projects, after the market opens, SPCX shares typically need to go through a price discovery phase (IPO Cross) first. This phase usually lasts from dozens of minutes to several hours. During this period, Gate does not support submitting SPCX share orders. After the market formally opens, the trading functionality will automatically be enabled.

Considering that price fluctuations on the first day of an IPO may be severe and may frequently trigger trading halts, and that placing a large number of orders in a short time may cause order submission failures, Gate will apply temporary restrictions to order placement on SPCX’s listing first day. The specific rules include: a maximum order amount of $10,000 per single order; a shortest interval of 15 seconds between two orders; and during the initial launch period, pre-market and after-hours trading are not supported, and will be automatically enabled once the market stabilizes. The above restrictions will be automatically lifted after the market price becomes stable.