Binance canceled its tokenized SpaceX IPO campaign after failing to secure enough shares, refunding $557M in USDC and airdropping $1M in SPCXB tokens.

Crypto traders are helping shape pre-IPO price discovery ahead of SpaceX's highly anticipated June 12 stock market debut.

Bybit confirms IPO Express subscribers will not receive SpaceX tokenized share allocations, issuing full refunds after pro-rata distribution yields zero