SpaceX has objected to OKXICE's proposed listing of tokenized versions of its shares, according to a November 2 public notice from the venture of OKX and Intercontinental Exchange. It joins Tesla and Amazon among 56 companies objecting to such listings. Under the SEC's five-year Innovation Exemption introduced in September, platforms like OKXICE can offer tokenized US stock trading without registering as national exchanges, but companies have 30 days to object to tokens issued by third parties. Tokenized SpaceX shares have already traded heavily offshore since its June public offering, with Backpack's SPCX token recording $1.08 billion in onchain volume in June and Kraken's SPCXx $852 million, while Nasdaq warned that such trading could fragment liquidity.
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