Binance Wallet SpaceX IPO Subscription Draws $557 Million

A SpaceX IPO subscription event through Binance Wallet attracted about $557 million from 27,689 participating addresses, according to Dune Analytics data. Smaller participants contributing $20,000 or less made up 81.48% of addresses but accounted for only 18.39% of total funds. Addresses investing between $20,000 and $100,000 represented 16.69% of participants and supplied 57.67% of the capital. At the high end, 114 addresses contributed at least $500,000 each, accounting for 10.23% of all funds raised. The figures indicate that while retail participation was broad, a relatively small group of larger investors provided a significant share of the capital.