As the Elon Musk-led commercial space flight giant SpaceX gears up for its IPO, here’s how you can participate in the listing via platforms like Robinhood Markets Inc. (NASDAQ:HOOD), E-TRADE and SoFi Technologies Inc. (NASDAQ:SOFI).
SpaceX IPO: What Retail Investors Need To Know
According to a Reuters report in March that cited anonymous sources familiar with the matter, SpaceX was reportedly mulling allocating up to 30% shares for retail investors, which, according to the report, was over three times the typical size of a retail offering.
SpaceX, in its prospectus, said that in addition to the retail allocations of shares via the IPO, the company will also be offering a certain amount of shares via platforms like Charles Schwab & Co. Inc. (NYSE:SCHW), Fidelity Brokerage Services LLC and Fidelity Capital Markets, in addition to Robinhood and Sofi.
Robinhood and Sofi
