Whitepaper
A token and 10,000 on-chain Starships that pay you in real SpaceX stock.
01What it is
SpaceX Strategy is a token, $SXS, and a collection of 10,000 Starships at the same time. When you hold enough of the token, a Starship mints straight to your wallet, and from that point it earns you real SpaceX stock. The way it earns is simple. Every time someone buys or sells $SXS, a small fee is taken and used right away to buy SPCX, an on-chain token that tracks SpaceX stock, and that stock is shared out to everyone holding Starships. You hold, your Starships earn, and you claim whenever you like. The whole thing runs on its own and the artwork is drawn live on the blockchain.
02The token and the fleet
Under the hood the token and the Starships are tied together. Your number of Starships is just your balance divided by 1,300,000. Cross that line and a Starship appears in your wallet, cross it again and a second one shows up, and if you sell back below a line the matching Starship returns to the pool. There is no separate minting step, it all happens inside the normal transfer.
This is also why every Starship is backed. Each one always has 1,300,000 $SXS sitting behind it, so the picture is never just a picture. It is a real claim on the tokens and on the stock that builds up for it. To keep the launch fair, a single buy is capped at 0.15% of supply and any one wallet can hold up to 2%.
03The stock engine
SpaceX stock trades on-chain as the SPCX token in a Uniswap v4 pool. SpaceX Strategy also trades through a Uniswap v4 pool, and our pool has a small piece of code attached to it called a hook.
On every buy and every sell, the hook takes a 4% fee in ETH. Because both pools live in the same Uniswap v4 engine, the hook can spend that ETH on SPCX inside the very same transaction, with no extra steps and nobody needing to press a button. The SPCX it buys is sent to the token and shared across every Starship by its weight, exact to the last unit. When you want your share, you call claim() and your SPCX comes to your wallet. If the SPCX pool is ever unavailable, an owner switch can pause the buying so trading always keeps working, and it can be turned back on once things are healthy.
04Holding longer earns more
Each Starship is a share of the stock. A plain Starship counts as one share, a weight of 100. If you reserve a Starship, it locks the 1,300,000 behind it and starts a clock, and over 90 days its weight grows from 100 up to 250. A fully reserved Starship earns two and a half times as much SPCX as a fresh one. When you release it, you get the backing back minus a small 8% burn, and that Starship retires.
05The art
Every Starship is one of a kind and drawn entirely on-chain, so there are no servers and no off-chain files to disappear. Each one has a vehicle (Falcon 9, Falcon Heavy, Starship or Dragon), a livery, a scene (a launch pad, low Earth orbit, a droneship landing, Mars or deep space), grid fins, landing legs and a live engine burn. The stars twinkle, the exhaust billows, and the whole craft drifts. The whole renderer is a single contract that builds the rest of the art for you when it deploys.
06Numbers
SPCX, the SpaceX stock token: 0x68fa48B1C2FE52b3D776E1953e0E782b5044Ce28
07Contracts
SXS
The token, the Starship mint and burn, and the SPCX stock dividends. Holds and pays out the stock.
Starship
The ERC-721 face of the fleet, mirrored from the token so wallets and marketplaces see your Starships.
SXSHook
The Uniswap v4 hook. Takes the fee on every buy and sell and buys SPCX for the fleet in the same trade.
SpaceXRenderer
The on-chain art. One contract that draws every animated Starship and builds its own art modules on deploy.
Not affiliated with or endorsed by SpaceX. SpaceX stock exposure is provided by the third-party SPCX token. Hold $SXS, get a Starship, get paid in SpaceX stock.