Strong Demand for SpaceX Tokenized IPO with $557M in Deposits
- Binance’s SpaceX tokenized IPO campaign raised over $557 million in USDC from approximately 27,689 wallet addresses.
- More than 81% of participating wallets contributed up to $20,000, accounting for only 18.39% of total funds.
- 114 addresses contributed over $500,000 each, representing about 10.2% of the total funds.
- SpaceX aims to raise $75 billion at a share price of $135 and targets a valuation around $1.8 trillion.
- Perpetual futures for SpaceX traded between $180 and $200 on Hyperliquid after the pre-IPO market opened.
The deposits indicate significant interest in crypto-based pre-IPO exposure as SpaceX prepares for its Nasdaq debut on Friday. Additionally, prediction markets show that over half of participants expect the IPO’s market cap to reach between $2 trillion and $2.5 trillion after trading begins.
With over $557 million raised from diverse wallet contributions, the upcoming SpaceX IPO reflects strong investor enthusiasm for innovative financial products linked to high-profile companies.(Source)
