Republic plans to tokenize stocks of private companies such as SpaceX and OpenAI According to The Block, investment platform Republic plans to expand the accessibility of private companies to retail investors by providing digital assets that track the performance of Elon Musk's space company SpaceX. Republic plans to acquire SpaceX shares and issue blockchain based tokens to track ownership. In addition, the platform also plans to launch digital tokens that track the performance of private artificial intelligence companies OpenAI and Anthropic. The Republic states that the bill allows US based companies to raise up to $5 million annually from retail investors by issuing securities. Holders can purchase for $50 to $5000, far below the minimum amount typically required to invest in private enterprises. Individuals who hold company tracking tokens for at least one year can also exchange them on the cryptocurrency trading platform INX. It is currently unclear whether SpaceX will raise objections to stock tokenization.