9d • Investing 📈
Space X available to retail investors (like us)
SpaceX IPO - $SPCX is expected to IPO and trade starting June 12th.
June 11, 2026 - The final IPO share price and valuation will be determined.
This isn’t really about money or making a profit - but taking part of an historic event - the biggest IPO to date, maybe ever. Let’s see when OpenAI (ChatGPT) or Anthropic (Claude) IPOs. It’s a great story to tell the little ones 20 years later :)
Here’s how to do it:
Open and fully fund an account at a brokerage offering IPO access
Reports currently mention:
- Charles Schwab
- Fidelity
- Robinhood
- SoFi Invest
- E*TRADE by Morgan Stanley
Understand that requesting shares ≠ receiving shares
In almost all IPOs:
- Investors submit an “indication of interest”
- The brokerage allocates shares
- Allocation can be tiny or zero if demand is extreme
How IPO Allocation Requests Work
- No Obligation Initially: Submitting a request simply tells your broker you are interested in buying a specific amount of shares at the IPO price. It acts as a conditional reservation, not a finalized purchase.
- Confirmation Window: When the IPO prices, your broker will typically require you to take an action to confirm or reject the shares before they officially hit the market.
- Cancellation Deadlines: You can freely cancel or edit your request through your brokerage app right up until the broker's specific cut-off time (usually the afternoon before the stock begins trading).
- Allocation Limitations: Because IPO demand usually outstrips supply, you are not guaranteed to receive the full amount you requested. You will only be allocated the shares your broker can fulfill
Funding Requirements: Some brokerages may require you to have the cash readily available in your account when you submit the request.
Flipping Penalties: If you do receive shares and sell them within a short window (often 15 to 30 days), your broker may bar you from participating in future IPOs.
3
3 comments
Space X available to retail investors (like us)
powered by
skool.com/intuitive-investing-5870
Financial fluency starts here. Master investing, business, and money while becoming the person capable of creating lasting wealth. Stronger together.
Suggested communities
Powered by