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The minimum to join SpaceX's IPO just dropped from $500,000 to $2,000.
Fidelity cut the barrier by 99.6%, opening the door for retail investors to one of the biggest IPOs in history. SpaceX is raising $75B at a $1.75T valuation, priced at $135/share, listing on Nasdaq as SPCX on June 12.
What makes this unusual:
· 30% of shares reserved for retail (typical IPOs allocate 5-10%)
· Already 2x oversubscribed, so allocation is not guaranteed
· S&P Dow Jones won't bend index rules for SpaceX, meaning no forced buying from passive funds on day one
Heading into the listing, SpaceX just landed a $30B AI compute deal with Google. Starlink revenue grew 50% year-over-year. The company posted a $4.95B net loss last year, largely from AI-related spending, and trades at roughly 94x 2025 revenue at the IPO price.
There's also Fidelity's flipper rule: sell within 15 days and you're locked out of future IPOs for 6 months. Second offense is a year. Third is permanent.
The hype is real. So is the price tag.
Would you put $2,000 into SpaceX at this price, or wait for a post-IPO pullback?
#SpaceXIPOGoesRetail
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