**[Binance Wallet Launches SPCX x IPO Campaign, Opens Subscription for SpaceX Tokenized Securities]** BlockBeats News, June 11 — According to an official announcement, Binance Wallet will launch the SPCX x IPO Campaign, providing eligible users access to subscribe to SpaceX tokenized securities through the xStocks mechanism, offering exposure to potential IPO pricing. The minimum subscription amount for this campaign is 100 USDC, with a reference price of approximately 135 USDC, corresponding to an estimated valuation of $1.75 trillion. The subscription period is from June 11, 2026, to June 12, 2026. Users must participate by locking USDC, and the final allocation will be determined by the issuer and underwriter based on demand. Funds not allocated will be fully refunded. According to the announcement, SPCXx is a tokenized asset issued by Backed through xStocks, providing price-tracking exposure only. It does not constitute direct ownership of SpaceX stock, nor does it grant dividends, voting rights, or other shareholder privileges. This issuance adopts the Binance Wallet Alpha Points tiered quota mechanism, with different point levels corresponding to varying subscription limits, up to a maximum of 500,000 USDC. The official announcement also warns of multiple risks associated with the product, including price deviation, liquidity, and issuer credit risks. Additionally, not all users in all regions are eligible to participate.