Fidelity Slashes SpaceX IPO Subscription Threshold: Just $2000 to Get In
Fidelity has announced a significant cut in the participation threshold for the SpaceX IPO (ticker SPCX): retail brokerage accounts with $2000 or more can now express their intent to subscribe, down from the previous minimum of $500,000. The SpaceX IPO is being underwritten by Fidelity's own Fidelity Capital Markets, with a company valuation of approximately $1.75 trillion, making it one of the largest IPOs in history.
Why It Matters: Dropping from $500k to $2000 means that regular retail investors finally have a shot at participating in the listing bonanza of SpaceX, the highest-valued private company globally, which could spark massive subscription enthusiasm among retail traders.
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