SpaceX Tokenized IPO Allocation Failures: Exchanges Cancel Orders, Binance Issues Airdrop
Major crypto exchanges cancelled SpaceX IPO allocations and announced refunds after delivery failures. Binance issued a tokenized SpaceX stock airdrop to affected users. SpaceX equity tokens on the PreStocks platform traded at discounts of approximately 26.6–27.5% to actual stock price due to a 180-day lock-up period on underlying shares. A separate SpaceX stock token listed on MSX reached a high of $176.52 on its first day.
Multiple crypto exchanges cancelled SpaceX IPO allocations and promised refunds; Binance separately issued tokenized SpaceX stock airdrop; tokenized SpaceX equity trades at 26.6–27.5% discount due to 180-day lock-up.
Story timeline · 3 days
- Jun 14, 20266SpaceX Tokenized Stock Allocation Failures: Binance, Bybit, Bitget Cancel Orders
Binance, Bybit, and Bitget cancelled tokenized SpaceX IPO allocations due to share shortages; structural fragmentation and delivery failures documented across platforms.
- Jun 13, 20265· this storySpaceX Tokenized IPO Allocation Failures: Exchanges Cancel Orders, Binance Issues Airdrop
Multiple crypto exchanges cancelled SpaceX IPO allocations and promised refunds; Binance separately issued tokenized SpaceX stock airdrop; tokenized SpaceX equity trades at 26.6–27.5% discount due to 180-day lock-up.
- Jun 11, 20265Binance Stock Trading Draws 84% of Volume From Emerging Markets; SpaceX IPO Tokenized
Sources · 6
- MSX listed SpaceX's US stock token $SPCX.M, with the price reaching a high of $176.52 on the first day. Pre-IPO subscriptions have been fully distributed.panewslab.com · T2
- SpaceX Equity Token on PreStocks Trades at 27.5% Discount to Actual Stock Price Due to Lock-up Period on Underlying Shareslookonchain.com · T2
- Due to the 180-day lock-up period, SpaceX equity tokens on the PreStocks platform are trading at a 26.6% discount.panewslab.com · T2
- Major crypto exchanges cancel SpaceX IPO allocations, promising refundscointelegraph.com · T1
- COINDESK: SpaceX IPO scramble reveals difference between tokenizing a stock and getting onecoindesk.com · T2
- Binance’s CZ Announces SpaceX IPO Refund For Users, Tokenized Stock Airdropcoingape.com · T2