How It Works
SPCX Rocket is an automated flywheel: trading fees and treasury SOL are continuously converted into SpaceX PreStocks and airdropped to SPCX holders. No claiming, no forms, no trust required — every step settles on Solana and is publicly verifiable.
1 The Cycle
The engine runs on a repeating cycle. Each cycle executes four steps, in order:
Fee Claim
The treasury claims accumulated trading fees from its Meteora DAMM v2 liquidity positions — the pool every SPCX trade routes through. The more SPCX trades, the more fuel each cycle collects.
Buyback
All treasury SOL above a permanent 3 SOL operational reserve is swapped into SPACEX (SpaceX PreStocks) through Jupiter at the best available route. The reserve only covers transaction fees — it is never distributed or sold.
Snapshot
Every SPCX token account is read directly from the chain and aggregated per wallet. Eligibility filters (below) are applied to produce the round's holder list.
Airdrop
The treasury's entire SPACEX balance is transferred to eligible holders, proportional to their SPCX balance at snapshot time. Transfers are batched and sent in parallel; token accounts are created automatically for recipients who need them.
2 Eligibility
To receive an airdrop, a wallet must pass every filter at snapshot time:
| Rule | Value | Why |
|---|---|---|
| Minimum balance | 25,000 SPCX | Keeps drops meaningful instead of dusting thousands of micro-wallets. |
| Maximum balance | 10% of supply | Whale wallets above this are excluded so rewards spread across the community. |
| On-curve wallets only | ed25519 check | Excludes program-derived addresses — liquidity pools, vaults, and smart-contract accounts. Only real user wallets qualify. |
| No self-dealing | treasury excluded | The treasury wallet never airdrops to itself. |
Note: SPCX held inside an LP position sits in a program-owned account, so it does not count toward eligibility. Hold in your own wallet to qualify.
3 The Math
Distribution is strictly pro-rata. For each eligible wallet:
Amounts are computed in raw on-chain units and rounded down; rounding dust simply stays in the treasury and rolls into the next cycle. Bigger bags earn proportionally bigger drops — there is no lottery, boost, or discretion involved.
4 Tracking & Verification
Every round is recorded as it happens: amount airdropped, USD value at drop time, SOL converted, recipients, and the transaction signatures. The tracker on the home page reads these records live and pairs them with the current SPACEX price from Jupiter — so “value at drop” and “current value” are both always visible.
Nothing requires trust in this site. You can verify independently:
- Every swap and airdrop transaction is linked from the Launch Log and viewable on Solscan.
- The treasury wallet is public: 9yy6wmDJSPZCnx4PP6X8ctYMGrXLoZXtictEvSx99iv6
- SPCX mint: Xx9x8PEiv51FqzDsamPWRrbCiPFmLrHCrF8UbpjSPCX
- SPACEX (SpaceX PreStocks) mint: PreANxuXjsy2pvisWWMNB6YaJNzr7681wJJr2rHsfTh
5 Post-IPO Transition
SPACEX PreStocks are tokenized pre-IPO exposure. When SpaceX completes a public offering, SPCX Rocket transitions with it: the buyback target moves from PreStocks to true SpaceX stock. The engine — fee claim, buyback, snapshot, proportional airdrop — stays exactly the same; only the asset being dropped upgrades.
6 FAQ
Do I need to claim anything?
No. SPACEX is transferred straight to your wallet. If you don't have a SPACEX token account yet, the airdrop creates one for you.
How often do airdrops happen?
Cycles run automatically on a recurring schedule. Each completed cycle appears in the Launch Log within seconds.
Why didn't I receive a drop?
Check the eligibility table above — the usual reasons are holding under 25,000 SPCX, or holding via an LP position rather than your own wallet at snapshot time.
Is selling SPACEX allowed?
It's your asset — hold it, sell it, or trade it freely. SPACEX is a Token-2022 asset tradable on Jupiter.