Coinbase introduces SpaceX perps futures for global traders, offering exposure to SpaceX's pre-IPO valuation without owning shares.

Elon Musk's aerospace company SpaceX is set to IPO, with current estimations making him the world's first trillionaire on its completion.

Coinbase has entered the pre-IPO perpetual futures market, starting with a SpaceX contract, offering up to 5x leverage.