Jordan Kerridge: Binance cancels SpaceX IPO token campaign, issues $1 million SPCXB token refunds

Jordan Kerridge: Binance cancels SpaceX IPO token campaign, issues $1 million SPCXB token refunds
Binance cancels SpaceX IPO token event

Jordan Kerridge reports that Binance has canceled its planned SpaceX IPO token campaign. According to Kerridge, user funds involved in the campaign have been fully refunded. Additionally, participants are now receiving a share of $1 million in SPCXB tokens as compensation.

Kerridge has previously highlighted long-term growth stories in equities. He reported that a $1,000 Tesla investment made in 2011 is now valued at $380,000 after 15 years, according to his coverage on Tesla stock returns. In another article, Kerridge noted that an initial $10.41 investment in IBM shares from 1932 would exceed $1 million today, as detailed in his report on IBM's historical gains.

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