Binance Wallet: The SPCXx IPO event has been canceled, and users will be compensated with tokens equivalent to 1 million USD in SPCXB

According to the official announcement, Binance Wallet has canceled the SPCXx IPO event due to "uncontrollable factors." All USDC locked by participating users will be fully refunded through the original route, expected to be completed by June 12, 2026. At the same time, approximately 1 million USD equivalent of bStocks SpaceX token SPCXB will be airdropped to participating users based on their participation, expected to be distributed to spot accounts by June 18, 2026.

SPCXB is a tokenized security that is 1:1 pegged to SpaceX stock, held by a regulated custodian institution with proof of reserves, and will subsequently be listed for trading on the Binance spot market.