SpaceX IPO: how can I buy shares, and what are the risks?
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- SpaceX will list its shares on the Nasdaq in New York, with the official price set on 11 June based on investor demand.
- UK brokers such as AJ Bell and Hargreaves Lansdown, and US platforms including Charles Schwab, Fidelity, Robinhood, SoFi and E*Trade, are offering retail investors the chance to bid for SpaceX IPO shares, with minimum subscriptions around £1,000 and applications closing next Wednesday.
- Investment trusts Edinburgh Worldwide and Baillie Gifford US Growth already hold stakes in SpaceX, giving UK investors indirect exposure before the IPO.
- Allocation may be partial if the IPO is oversubscribed; AJ Bell’s Dan Coatsworth explains investors might receive a portion of their request, though some could receive none.
- Elon Musk will retain 82.4% of voting power after the IPO and is not selling any of his shares, limiting shareholders’ influence on company decisions.
Why it matters: Retail investors gain direct access to SpaceX shares, but may receive only a fraction of their request if demand exceeds supply, while Musk’s 82.4% voting stake ensures he retains control, limiting new shareholders’ governance power.
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