Hiltzik: What if you dion't want SpaceX in your portfolio?
Fidelity Investments has lowered the minimum account threshold for retail investors to participate in the upcoming SpaceX IPO from $500,000 to $2,000. This move aims to accommodate the high volume of shares reserved for retail investors in what is expected to be a record-breaking public offering.
Why it matters
The decision reflects a shift in how major brokerages handle high-profile IPOs, potentially exposing smaller retail investors to significant market volatility.
A contrail from a SpaceX rocket carrying Starlink satellites. It was launched from Vandenberg Space Force Base in California. (Gregory Bull / Associated Press) By Michael Hiltzik Business Columnist Follow June 9, 2026 3 AM PT 18 9 min Click here to listen to this article Share via Close extra sharing options Email Facebook X LinkedIn Threads Reddit WhatsApp Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here .
The article presents the business move while including critical commentary on the risks of IPO hype.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in