Retail investors dominated participation but larger subscriptions drove most of the $557 million total raised for SpaceX shares.
Binance Wallet’s SpaceX IPO subscription pool reached $557 million from 27,689 addresses, according to on-chain data. The majority of participants contributed $20k or less, accounting for 81.48% of addresses but just 18.39% of total funds.
Subscriptions between $20k and $100k made up 16.69% of participants and 57.67% of the total. Only 114 addresses contributed $500k or more, yet they represented 10.23% of the funds raised.