Fidelity's SpaceX 'flipping' rule sounds harsh — but at 15 days it's a shorter lock than Robinhood or SoFi
Key takeaways
- (1) All five let everyday investors buy at the $135 offer price.
- Sell your allocated shares too soon and the broker tags you a "flipper," which can bar you from future IPOs on the platform.
- Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’
Fidelity's Space X 'flipping' rule sounds harsh — but at 15 days it's a shorter lock than Robinhood or So Fi Rudro Chakrabarti Tue, June 9, 2026 at 12:15 AM GMT+7 5 min read SPCX HOOD SOFI Space X named five retail brokerages in its prospectus as direct channels to the IPO: Fidelity, Charles Schwab, Robinhood, So Fi and E*Trade. (1) All five let everyday investors buy at the $135 offer price. None of them lets you sell whenever you want without a possible cost.
That cost is the flipping rule. Sell your allocated shares too soon and the broker tags you a "flipper," which can bar you from future IPOs on the platform. The window and the penalty are set by each broker, not by regulators, which is why they range from 15 days at the strictest to nothing at all elsewhere.
Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’