The TradingPit will let traders take positions in SpaceX shares from the company's firstday on Nasdaq through funded accounts of up to $50,000, the Liechtenstein-basedprop firm announced ahead of Friday's listing, which is set to raise $75billion in the largest initial public offering on record.The firm isrouting the offer through its Stocks Challenge, a US equities evaluationprogram it launched in 2025 and which, according to thecompany, accounted for less than 10% of its active traders and revenue as ofApril. Entry feesstart at €99, and successful candidates trade with the firm's virtual capitalrather than their own money.SpaceX isexpected to begin trading under the ticker SPCX on June 12 afterpricing 555.6 million shares at $135 each, valuing Elon Musk's rocket andsatellite company at $1.75 trillion.No Leverage, VirtualCapital and a Lower Profit SplitThe Trading Pit said the program offers real stocks underno-leverage conditions, although positions are executed in a simulatedenvironment using the firm's capital. Traders never own SPCX shares, they tradeinstruments tracking the live exchange price.The companysaid participants keep 70% of the profits they generate, with losses capped atthe challenge fee. That splitis lower than the 80% the firm cited for its $25,000 stock accounts in aconversation withFinanceMagnates.com in April, when the $25,000 tier was the only sizeavailable."Wefund you to trade real stocks with our capital, not yours," said IllimarMattus, founder of The Trading Pit. The firm, backed by private equity vehiclePinorena Capital, launched a Seychelles-regulated CFDbrokerageearlierthis year as part of a wider expansion beyond its evaluation business.Brokers and Exchanges GotThere FirstTheannouncement plugs into a product scramble that has, until now, bypassed theprop trading sector entirely. CMC Markets and Binance launchedSpaceX products on the same day in May, with the CFD broker offering spread bets andthe crypto exchange listing USDT-margined pre-IPO perpetual futures.Bitgetadded SpaceX as the first name under its IPO Prime token line in April, PUPrime launched a pre-IPO CFD under the symbol SPCXUSD on May 29, and Krakenlisted a pre-IPO perpetual with up to 5x leverage this week. In the US,the prospectus reserved IPO shares for clients of five retail brokerages,including Charles Schwab, Fidelity and Robinhood.The TradingPit appears to be the first prop firm to publicly tie its product to thelisting, a gap that reflects how few funded-account providers handle equitiesat all. AsFinanceMagnates.com reported in April, the stock prop field remainsmeasured in single digits.Trade ThePool, the Israel-based firm backed by The5ers, has run a US stocks and ETFsprogram since 2022 and routes orders through Interactive Brokers infrastructurewith real-time exchange data, a structural difference from The Trading Pit'ssimulated setup. Australia'sBlueberry Funded expanded itsevaluation program in 2025 with challenges covering more than 1,000 stock CFDs on MetaTrader 5 and DXtrade, thoughthose are derivatives rather than equity market access.A $75 Billion ListingDraws Every Distribution ChannelThe breadthof SPCX products mirrors the scale of the offering. FinanceMagnates.com reported in April that SpaceX was targeting a debutroughly three times larger than Saudi Aramco's 2019 record, with Goldman Sachs,Morgan Stanley, Bank of America and UBS competing for underwriting roles.The resultis a fragmented access map, with shares, tokens, perpetuals andsynthetic bets sold side by side under the same SpaceX label. The TradingPit's funded-account route adds another variant, one where the trader'sexposure is to a profit split rather than to the stock itself.This article was written by Damian Chmiel at www.financemagnates.com.