Kraken employee: Unable to secure the originally expected allocation from SpaceX underwriters, resulting in only partial fulfillment of user orders According to a notice issued by Kraken employee Nata to users, due to SpaceX Pre-IPO subscription demand on the xStocks platform far exceeding expectations, Kraken was unable to secure the originally expected allocation from SpaceX underwriters, resulting in only partial fulfillment of user orders. IPO allocations are determined by the issuer's underwriters and are not controlled by Kraken or xStocks. Kraken stated that this issuance saw exceptionally strong global demand, attracting over $1 billion in Pre-IPO subscription demand in the week leading up to the listing. Funds for unallocated portions will be fully refunded to user accounts without any fees.