SpaceX IPO: How can I buy the stock?

Personal Finance / Investing Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure. SpaceX IPO: How can I buy the stock? Hal Bundrick, CFP® · Senior Writer Fri, June 5, 2026 at 9:18 PM GMT+7 3 min read This is the countdown to launch that tops them all. The SpaceX IPO is set for Friday, June 12, and hopeful investors are anxious to grab a share of what will likely be the largest stock debut in history. Meanwhile, Anthropic and OpenAI are busily preparing for their own public stock introductions. SpaceX stock will be available through five brokerage firms, including Charles Schwab, E-Trade, Fidelity, Robinhood, and SoFi. Each firm will allocate its shares according to its own investor criteria. The SpaceX initial public offering is expected to trade under the ticker symbol SPCX on the Nasdaq exchange. Elon Musk has once again chosen an unconventional path by rejecting the usual IPO price range. Instead, the rocket and satellite company is seeking a fixed $135 opening share price to raise $75 billion at a $1.75 trillion valuation — though that can change up to the night before the IPO. Want a shot at buying some of the 555 million shares being offered in the SpaceX IPO? Here s how the process works. Read more: How to buy SpaceX before June 12 IPO While each brokerage firm has specific requirements for clients to invest in IPOs (see below), the process generally works as follows: You will likely be required to complete an investor profile. You will be provided a prospectus detailing the stock and including a company profile. You will place a conditional offer specifying the number of shares you wish to purchase (typically a minimum of 100 shares) and the maximum price you are willing to pay per share. However, this does not guarantee that you will be allocated shares. You will want to ensure you have sufficient cash in your investment account to cover the cost of the stock purchase. The public debut of Elon Musk s rocket and AI company is expected to make history. Here s what we know about the investor qualifications required by each firm offering SpaceX IPO shares. While this is the information we could gather publicly, you ll want to consult with the firm of your choice to confirm the details: Charles Schwab: Requires a minimum brokerage account value of $100,000. E-Trade: No minimum portfolio size. You must meet regulatory and account criteria, be a U.S. resident, have an active account (individual, joint, or IRA), and pass an investor profile questionnaire. Fidelity: Requires a retail brokerage account with a minimum value of $500,000 (excluding 401(k)s, institutional, or annuity accounts) and be a Premium or Private Client Group member. Robinhood: Allocates IPO shares through a randomized selection process among those who submit requests. Robinhood notes that regular brokerage accounts are eligible; however, retirement accounts, such as IRAs, custodial accounts, and joint or managed accounts, are not qualified for the SpaceX IPO. SoFi: You must be a SoFi member and have a self-directed investment account. There is no minimum balance requirement. Like other brokerages, Robinhood notes that "IPOs are considered speculative and risky investments, and may not be appropriate for every investor." For those of us who don t qualify for IPO shares, you may very well get SpaceX exposure in your 401(k) or other index-based investments at some point. Recent rule changes allow IPO shares to have a shorter shelf life before being added to index funds. However, SpaceX will have to wait its turn. S&P Dow Jones Indices announced that it s keeping the entry rules for major indexes intact, denying rapid entry to SpaceX and other mega IPOs. That means SpaceX will not be eligible for inclusion in the S&P 500 for at least a year following its public debut. Read more: SpaceX IPO is coming for your 401(k). Should you be concerned? Is the recent bitcoin slump a buying opportunity? Discover the safest ways to buy and store bitcoin in 2026. Investing in solana is easier than ever. Here's everything you need to know about how to buy solana in 2026. Early users of X Money, which is currently in beta, say the app offers benefits such as 6% interest on deposits and cash-back debit rewards. Here's what we know about X Money so far. A recent survey shows more people are investing in the market and, in some cases, favoring individual stocks over ETFs. Is it smart to bet on one stock? Curious about crypto but not ready to risk big money? Learn how to start investing with just $100. Robinhood supports purchases of gold ETFs, mining stocks, and options. Here's what to know about buying gold on Robinhood.

SpaceX IPO: How can I buy the stock?

Key takeaways

More in business