With SpaceX IPO happening soon there is a lot of buzz around the stock. The valuation of $1.75 trillion seems to price in a lot of future success and earnings which may limit the upside, but with it going to S&P and NASDAQ so quickly maybe it will push to $3-4 trillion within a couple weeks?
I'm undecided at this point, tending toward no.
I don’t think the actual IPO is until mid June timeframe. And you most likely need at least $500k in stocks to be able to actually sign up for the IPO with your brokerage (not that you have to buy $500k worth, but you can’t just be some poor bloke on RH) unless you want to be an idiot and try and buy it on market open. Well, maybe you’d be an idiot, or it could work out… stock could go up or down - big brain.
I’ll probably check to see what the minimum I have to buy is and do it. I think it was committing about $50k for the CRBS IPO last week.
It's only $100k to get in with at least one brokerage, which shouldn't be a problem for any of the guys who have it all figured out on here.