@stevenmarkryan I bought 100 more this morning opening price $172. Nice jump today.
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Steve Vanni
163 posts
SpaceX is about to begin its first full week as a public company.
$SPCX stock is $169 (nice) pre market.
I will be buying more this week.
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@jk_rowling I'm guessing he has a plan to see the plan. Everyone can plan for that.
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Every single person who still cringes at the memory of trying to bullshit their way through an interview or exam question: today, the slate is wiped clean. Set down your burden of shame. Nothing - nothing, I say - could touch this.
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@SenWarren Good for him. I admire his drive to employ hundreds of thousands of Americans, and give people something to look forward to.
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Elon Musk just became the world's first trillionaire.
The typical American household would have to work more than 11 MILLION years to make Elon Musk's level of wealth.
We need a wealth tax.
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What did everyone get for @SpaceX IPO share allocations?
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If your SpaceX shares have been allocated, what percent (of what you asked for) did you get?
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SpaceX in new filing:
"At our request, the underwriters have reserved up to 5% of the shares of Class A common stock offered by this prospectus for sale at the IPO price through a directed share program to certain employees and persons selected based on the discretion of our executive officers, which may include parties with whom we have a business relationship and friends and family of our executive officers. If purchased by these persons, these shares will not be subject to a lock-up restriction. The number of shares of Class A common stock available for sale to the general public will be reduced by the number of reserved shares sold to these persons. Any reserved shares not purchased by these persons will be offered by the underwriters to the general public on the same basis as the other shares of Class A common stock offered by this prospectus."
Page 273 in the new S-1/A filing.
Sawyer Merritt@SawyerMerritt
SpaceX filed its amended IPO filing (S-1/A) today. Here's everything new that I found: • In relation to acquisitions, divestitures, or other strategic transactions, @SpaceX says they "may issue a significant amount of equity in connection with future transactions." 👀 • SpaceX has reserved 5% of its IPO shares for select employees and friends and family of its executive officers. These shares will not be subject to any lockup period. • SpaceX deal compute lease deal with Anthropic includes ~325,000 NVIDIA GPUs, backed by hyperscale-class CPUs, exabyte-scale storage and high-speed networking and interconnects. • As of December 31, 2025, the company had 4.1 million X Premium Basic, X Premium and Premium+ paid subscribers and approximately 900,000 SuperGrok and SuperGrok Heavy paid subscribers. • SpaceX added American Airlines as a @Starlink customer in the filing. • The underwriters will not receive any discount or commission on any shares of our Class A common stock sold pursuant to the over-allotment option. • The shares subject to the extended lock-up period, together with the shares held by Elon (which are subject to a 366-day lock-up period), represent approximately 7.8 billion shares of common stock, or greater than 60% of SpaceX's shares outstanding immediately prior to this offering. • Elon Musk has agreed with the underwriters, that during a period of 366 days after the date of this prospectus, all of the shares owned by him are subject to the restrictions described in the paragraph below; and certain shareholders have agreed that, until the release of our financial results for the quarter ending June 30, 2027, certain shares owned by them are subject to the restrictions described in the paragraph below (subject to timed automatic releases described in the “Underwriting—Lock-up Agreements” section of this prospectus). Shares held by Mr. Musk will not be subject to any early release provisions. • SpaceX added new language that: "If a court declines to transfer an Internal Dispute to the Business Court, but such court is later held not to have personal or subject matter jurisdiction with respect to such Internal Dispute, the arbitration provision would not be triggered because such action would be required to be dismissed and subsequently brought in a court of competent jurisdiction." • SpaceX added some language stating that Elon Musk has the right to vote all of the performance-based restricted shares of Class B common stock that remain outstanding from his grant that was approved on January 13, 2026: "our board approved the grant of 1 billion performance-based restricted shares of Class B common stock to Mr. Musk. The restricted shares vest upon (i) our achievement of specified market capitalization milestones across 15 equal tranches and (ii) the Company’s establishment of a permanent human colony on Mars with at least one million inhabitants, in each case, subject to Mr. Musk’s continued employment with us through the date on which achievement is certified by our board."
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I’ve been asked by many to create one comprehensive post explaining how to prepare for @SpaceX’s IPO if you use one of the brokerages listed in SpaceX’s S-1 filing to allocate IPO shares to retail investors. Here it is:
Fidelity:
1) $500,000 minimum account balance required to participate (including IRAs, individual, etc, but excluding 401k).
2) Enter an indication of interest. The indication of interest provides Fidelity with the maximum number of shares a customer is interested in purchasing.
3) Confirm your indication of interest shares on Fidelity's website after the registration statement has been declared effective and the offering has priced, which is typically after 7 PM ET on the night of pricing. Indications of interest may not be confirmed prior to the registration statement being declared effective and the offering pricing established. By confirming your indication of interest, you are placing an order to buy shares at the offering price. If you do not confirm your indication of interest, you will not be eligible for an allocation of shares.
4) Allocation of shares will occur on the morning following pricing and is usually complete before 9:30 AM ET. An alert will be sent once allocations are complete, and you can check your account to determine whether you were allocated shares. If you receive an allocation of shares, you must have adequate funds available to settle the purchase in the settlement date which is typically the trade date plus one business day.
5) You may increase your indication of interest up through the close of the indication of interest period. You may decrease or cancel an indication of interest until share allocation takes place. Once share allocation takes place, your indication may not be canceled or modified.
Charles Schwab:
1) $100,000 minimum account balance required to participate (including IRAs, individual, etc, but excluding 401k).
2) On Schwab's website, under the Trade tab, select the IPO page to view the Calendar of Offerings, a list of upcoming IPOs. Once the IPO offering window opens (expected first week of June), investors will have the ability to submit a Conditional Offer to Purchase (COTP), also known as an Indication of Interest, from this page.
3) During an IPO's open COTP window, select Start COTP to review offering details and the preliminary prospectus. Then select the green button to proceed to the Eligibility Questionnaire, which is required to confirm investors meet eligibility criteria and are not restricted (per FINRA rules) from participating. After completing the questionnaire, you'll be able to indicate how many shares you're interested in purchasing based on the price range provided. Select Confirm to submit the COTP.
4) After the COTP has been submitted, regularly monitor the IPO page, which will indicate the Status of Your Conditional Offers to Purchase (COTPs), the expected pricing date, and current pricing status, plus any changes in the prospectus. When the IPO has been priced, you will affirm your COTP. You must affirm your COTP once the effective price is established in order to be eligible to purchase shares. To do so, select Affirm Now to review and finalize the share quantity.
Robinhood:
1) There's no minimum account size requirement, but you must have enough buying power to cover your requested shares if you are allocated any. You must have an individual brokerage account. Retirement, custodial, and multiple investing accounts are not eligible for IPO Access.
2) Make sure IPO Access is enabled in your Robinhood app. Turn on your IPO notifications so that Robinhood notifies you when the SpaceX IPO comes online.
3) Request Shares: Once the IPO is announced and available, you can request shares through the app or website. This is a request for IPO shares. By placing a conditional offer to buy (COB), you’re asking for the opportunity to purchase a quantity of shares at the IPO price. An investor may place, edit, or cancel a COB after the initial price range is published and before the confirmation period ends.
4) Allocation is random and not guaranteed. The number of shares you request factors into how many you actually get, but it doesn’t affect the likelihood that you’ll get any allocation. You may get all, some, or none of the IPO shares you request.
E*Trade:
1) E*TRADE does not publicly list a specific minimum account size required to participate in IPOs, but contact them to double check. That said, allocation priority for “hot” IPOs may still favor larger or more active accounts in practice, even if there’s no official minimum balance requirement.
2) Be a U.S. resident, have an active E*TRADE account (Individual, Joint and IRAs are all eligible) and complete the investor profile questionnaire.
3) Sign up for IPO alerts.
4) Submit a conditional offer to buy ("COB"). As part of this submission, you specify the number of shares and the maximum price you are willing to pay per share. COBs can only be submitted via the New Issue Center. A COB may be submitted once an offering is listed as "open" up until the status is changed to "closed." COBs that have already been submitted may be amended or cancelled after an offering is "closed" up until the status is changed to "allocate." At this point, no further changes may be made to a COB and you are bound by the terms of your COB. If there is no material change in an offering, customers will not need to reconfirm their COBs. If you have submitted a conditional offer, you must have available buying power to cover the full amount of your conditional offer in the account through which you submitted the conditional offer.
5) Shares are allocated to eligible accounts as a proportion, or percentage, of the size of their COB. The percentage is based primarily on the number of shares provided to E*TRADE for sale to its customers and the size of the overall demand for shares from E*TRADE's customers. Given the expected high demand for this offering and the limited availability of shares available for sale to E*TRADE customers, many COBs may not be allocated shares (according to E*Trade). Additionally, in many instances, allocations will be significantly smaller than the size of shares requested in a customer's COB.
6) E*TRADE makes its allocations after the pricing of the overall offering but before the stock begins trading. E*TRADE will inform customers via alert or email whether they have been allocated shares. Any allocation should be reflected in the relevant customer account once that allocation has been processed by E*TRADE.
Sofi:
1) There is no minimum account balance/size requirement. Have an active Self-Directed Invest account.
2) Go to the “IPO Investing” section in the app or website
3) Select the IPO
4) Complete the IPO suitability questionnaire
5) Submit an “Indication of Interest” (IOI), which is basically a non-binding request for shares.
6) When the IPO is officially priced, SoFi will notify you to confirm your order.
NOTE: Don’t be surprised if you receive fewer IPO shares than you requested, or none at all. Demand for the limited number of IPO shares available to retail investors will likely be extremely high, and each participating brokerage will only receive a limited allocation of shares to distribute to retail investors.
For our international friends, keep in mind that @SpaceX said in their S-1 filing that allocations will also be made to retail investors by the underwriters, which include:
• Goldman Sachs
• Morgan Stanley
• Bank of America
• Citigroup
• J.P. Morgan
• Barclays
• Deutsche Bank Securities
• RBC Capital Markets
• UBS Investment Bank
• Wells Fargo Securities
• Allen & Company
• Cantor
• Needham & Company
• Raymond James
• Societe Generale
• Stifel
• William Blair
• BTG Pactual
• ING
• Macquarie Capital
• Mirae Asset Securities
• Mizuho
• Santander
so you can try reaching out to one of these places if you have assets with them and you may be able to request an allocation of some shares. I've already seen that happen with some Goldman Sachs clients.
Lastly, and I stated this in a previous post, @SpaceX specifically stated in their S-1 filing that any purchase of their Class A common stock in this offering through these platforms will be at the same IPO price, and at the same time, as any other purchases in this offering, including purchases by institutions and other large investors, which means any retail investors that are lucky enough to get allocated some SpaceX IPO shares will pay the same price as the big guys. This will likely be the largest retail IPO share allocation in history, by far.
If you have more questions, reach out directly to your brokerage and/or bank. And no, this post wasn't written by AI lol.
Not financial advice.
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@TheHorrorMaster just watched Starman (1984) again. Loved it. Still holds up very well over the years. Is it time to do a movie Sequel?
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Who this?
I am waiting for you best comments 😏
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@GerberKawasaki Onward and upward. Got to continue to develop better HW or get left behind. Doesn't mean v4.0 wasn't good enough, but it means they continue to develop. Awesome news.
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The sad realization that all previous teslas will never make level 5 autonomy... the hardware isn't good enough. Will HW4.5 get tesla there?... $tsla
Brandon@teslaflexx
How to check if your recently delivered Model Y has the new HW4.5 computer
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@garyblack00 My guess it testers observing performance. Not production code.
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Everyone should realize that relocating the safety monitor from the Robotaxi to a couple chase cars is not scalable. $TSLA
Earl of FrunkPuppy@28delayslater
I call this art piece: “Robotaxi, Tailed by Nines”
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@elonmusk @aelluswamy Great work on FSD. How about a FSD update for V3 users? We are the OG FSD users and your first adopters.
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@brandenflasch I use it everyday, but speed control and indecisive lane changes need to be improved. Hoping HW3 gets an update. All of the excitement is on HW4.
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@GerberKawasaki @heydave7 It’s not about the engineering, it’s about people’s comfort on safety critical systems. Obviously more sensor data can give a bigger picture, but is it necessary to get to full autonomy, and is the cost too much for adoption.
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@heydave7 Literally the opposite is true. Delusion seems to have no end...
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@Teslarati All the money you save on gas will be pail in comparison to the cost of a new battery.
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I just ordered the most expensive Tesla they make. You're welcome $TSLA
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