SpaceX IPO coming in mid to late 2026

I read that Fidelity did allocate (part or whole) to every customer that put in a confirmed request. Did you log in to confirm yesterday evening?
I wonder how many missed out by not confirming. Although I did confirm and get my 100 share allocation, it took me quite a while to figure out how to do it. I ended up searching for space x on Fidelity site and going through their links to finally get to the page where I could confirm my allocation.
 
I logged in on both sites but did not see any request to confirm so I thought I didn’t get my allocation and left it at that.
 
I logged in on both sites but did not see any request to confirm so I thought I didn’t get my allocation and left it at that.
You needed to go to the page where you had previously requested (yesterday's specified window of time) and to edit to confirm. Allocation was done overnight for confirmed requests. Unconfirmed = no allocation.
 
Not VG. Fidelity, Robinhood, Schwab, E-Trade and SoFi.
Oh, OK. Somewhere I read VG, but that must've been in error. I don't have much at Fidelity so I probably wouldn't have been allocated any.

Found where I read it, in an NY Times update on the IPO.

June 12, 2026, 1:14 p.m. ETJune 12, 2026
Maureen Farrell and Lauren Hirsch
A lot of individual investors have won big so far today. SpaceX gave about 22.5 percent of its $135 I.P.O. shares to retail investors in accounts like Fidelity, Vanguard, Robinhood and banks’ wealthy clients.
 
Oh, OK. Somewhere I read VG, but that must've been in error. I don't have much at Fidelity so I probably wouldn't have been allocated any.

Found where I read it, in an NY Times update on the IPO.

June 12, 2026, 1:14 p.m. ETJune 12, 2026
Maureen Farrell and Lauren Hirsch
A lot of individual investors have won big so far today. SpaceX gave about 22.5 percent of its $135 I.P.O. shares to retail investors in accounts like Fidelity, Vanguard, Robinhood and banks’ wealthy clients.
Vanguard is not on the list. NY Times is wrong.
 
I have never tried to get any IPO shares, but perhaps many people who do understand that the initial hype may die out. They just want to get some IPO shares allocated so they can flip for a quick profit. The volume trading of SPCX on the first day was very high. It was on the same order as the float, despite the admonition from the brokerages not to sell for so many days.
 
I suppose that brokerages just operate mechanically and will not hate me if I get hit with a 6 month IPO ban, but it just rubs me the wrong way to break rules just because i can sort of get away with it. Do it three times and the ban is permanent.

I just saw that SPCX options start trading on Tuesday. I could sell a covered call as long as I don't get assigned. I suppose I could do a one week contract and roll if I have to. But with my small holdings, 100 shares is a large percentage (25% in my case).

Would a two week contract 15% over the current price make sense? My research indicates that 1% to 3% premium per month might be possible.

I have never tried to get any IPO shares, but perhaps many people who do understand that the initial hype may die out. They just want to get some IPO shares allocated so they can flip for a quick profit. The volume trading of SPCX on the first day was very high. It was on the same order as the float, despite the admonition from the brokerages not to sell for so many days.
 
I suppose that brokerages just operate mechanically and will not hate me if I get hit with a 6 month IPO ban, but it just rubs me the wrong way to break rules just because i can sort of get away with it. Do it three times and the ban is permanent.

I just saw that SPCX options start trading on Tuesday. I could sell a covered call as long as I don't get assigned. I suppose I could do a one week contract and roll if I have to. But with my small holdings, 100 shares is a large percentage (25% in my case).

Would a two week contract 15% over the current price make sense? My research indicates that 1% to 3% premium per month might be possible.
Selling covered calls with rolling as necessary is not a bad way to make money off the possible large gyrations of the stock.

And I wonder what the put option pricing will be for the strike price the same as the IPO price. That's a way for people who missed out on the IPO to get in.

I dunno about doing the above myself. I sell calls and puts on stocks that I track long-term to have an idea of their fundamentals. For new stocks, I don't know where to start.
 
And I wonder what the put option pricing will be for the strike price the same as the IPO price. That's a way for people who missed out on the IPO to get in.

I’m tempted to do this myself. I wouldn’t mind owning more shares, but it’s not pressing. Instead of accumulating more at market prices, I could sell puts with the idea that eventually they’ll be filled. If not, at least I collect the premium.
 
I’m tempted to do this myself. I wouldn’t mind owning more shares, but it’s not pressing. Instead of accumulating more at market prices, I could sell puts with the idea that eventually they’ll be filled. If not, at least I collect the premium.
And since they did the stock split and the price is under $200 it is manageable to do a contract.
 
SPCX options are officially scheduled to launch next Tuesday, June 16, 2026, correct?
 
I am with Fidelity and signed up for 1,000 shares and then cut it back to 500. I wanted only about 100 shares and expected a cutback. But to my surprise I was giving all 500 shares. I am not sure why I got them all, very strange. A coworker of mine with Schwab asked for 1,000 shares and only received 40 so who knows how they do it.
 
I am with Fidelity and signed up for 1,000 shares and then cut it back to 500. I wanted only about 100 shares and expected a cutback. But to my surprise I was giving all 500 shares. I am not sure why I got them all, very strange. A coworker of mine with Schwab asked for 1,000 shares and only received 40 so who knows how they do it.
Maybe it has to do with the size of your account vs. your coworker's?
 
Maybe it has to do with the size of your account vs. your coworker's?
Not sure about that. I asked for 200 shares from Fido, got 200. I asked for 100 shares at Schwab, got 13.
My AUM for both firms is fairly close. I did use an account at Schwab with less $ in it (a Roth their) vs. my regular account (which is about 25X the Roth), but I would HOPE that wouldn't matter - that is the total relationship would be weighed.

I would like to know why/how Schwab allocated vs. Fidelity. Maybe I will give my Schwab relationship manager a call to inquire?
 
My research seems to indicate that Fidelity had a better relationship to the IPO and got a bigger slice of the pie.

Reasons suggested:

Fidelity had a lower account balance minimum, so had a larger number of prospective customers.

Fidelity pushed the IPO more aggressively.

Fidelity was one of the early private investors in SpaceX and several of its funds held positions (which I did not realize), Contra Fund nearly 5% of fund in SpaceX.

Fidelity used a lottery system to allocate compared to Schwab using the normal "take care of big clients" system.
 
You lucky dogs who did the IPO at $135 and got shares, it is trading at $199 now. Holy moly!
 
You lucky dogs who did the IPO at $135 and got shares, it is trading at $199 now. Holy moly!
Couldn't talk my husband into using his $65K cash to request for SPCX IPO. I asked for 80, should have asked for more. Kicking myself.
 
SO....what's the chance of a gamma squeeze after options are available starting Tuesday?
SPCX is sitting at 214 in AH as I type this.

I might write a call BUT I'm not a market maker selling calls trying to keep their delta-neutral positioning. With such a small current float, this can get interesting.
 
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