Fidelity slashed the SpaceX IPO minimum to $2,000 for retail investors, down from the usual high threshold. The fine print imposes a 15-calendar-day holding period, with escalating penalties for early sales. A third early sale triggers a lifetime ban on Fidelity IPOs tied to the investor's Social Security number. The lower bar applies only to this SpaceX offering, not as a permanent policy.
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SpaceX IPO raises $75B with $135 share price
Summary by ByteBrief