SpaceX IPO demand appears to have exceeded expectations across the industry

One takeaway from the recent SpaceX IPO offerings is just how much demand exists for private-market access.

Several exchanges reportedly faced allocation constraints, refunds, or extremely limited distributions.

BitMart claims a final allocation rate of 40%, which appears to be one of the highest publicly reported outcomes among crypto exchange platforms offering SpaceX exposure.

As tokenized equities and pre-IPO access become more common, allocation quality may end up being more important than subscription volume.

Anyone think we'll see OpenAI, Stripe, Databricks, or other private companies offered next?