I just spoke with Charles Schwab about the @SpaceX IPO. Schwab is one of a handful of brokerages selected by SpaceX to allocate IPO shares to retail investors.
If you have an account with Schwab, here’s how to prepare for the SpaceX IPO:
1) You first need to opt into IPOs from the Trade > IPOs page on Schwab's website.
2) After you've opted in and the IPO shows on the page, you can submit an Indication of Interest. The indication of interest will be able to be submitted when the Roadshow period begins for the stock. This is currently expected to be early June.
3) You need to have minimum $100,000 in total balance to be eligible to participate in the SpaceX IPO share allocation.
Schwab still doesn't know how many shares will be allocated to their brokerage at this point since SpaceX will be the one to decide that in the coming weeks. Just be prepared to check back on the IPO section of Schwab's website. Additional info will come later.
Lastly, don’t be surprised if you receive fewer IPO shares than you requested (if any at all). Demand for the limited number of available IPO shares will almost certainly be extremely high, and these participating brokerages will only get a certain sized allocation of shares to offer to retail investors, so it'll likely be tough to accommodate everyone. The best thing you can do is to just be prepared.
Note: 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.
Bonds are paying 5%
Just deposit $10k into your brokerage account
20x it real quick trading options
Now you have $5 million to invest in bonds
That's $750k a year in yield
$62,500 a month in free money
Such a simple hack
BREAKING: Yesterday Donald Trump filed his entire personal stock portfolio
So we recreated his top 20 holdings and launched it on Autopilot for the world to invest alongside
Here's the breakdown & possible conflicts of interest
1. ServiceNow $NOW: est. owns ~$3.3M
No major details on possible connections
2. Nvidia $NVDA: est. owns ~1.6M
Has tweeted about Nvidia multiple times
3. Dell $DELL: est. owns ~3.1M
Told the world to "buy a dell" a couple months ago, has only bought
4. Oracle Corp $ORCL: est. owns ~$3.6M
Allegedly close to Larry Ellison
5. Costco $COST: est. owns ~$4.0M
🚨 PRESIDENT TRUMP: At the Rose Bowl, Indiana delivered a commanding 38-3 victory over—Alabama?! Coach! You gotta be kidding!
CURT CIGNETTI: Roll Tide! 🔥
How to build a great NFL roster
QB- White
RB - Black
WR1 - Black (Shifty)
WR2 - Black (Big)
WR3 - White (gritty)
TE - White
OT/OG - Samoan/ Nigerian
C - Midwest White
DL - Nigerian
NT- Samoan
CB- Jits
S - One black One White
LB - White with long hair + Big black guy
🚨 HOLY SMOKES: AIR FORCE GENERAL — KNOWN AS THE UFO “GATEKEEPER” — VANISHES 💣👀
Led TOP-SECRET SPACE WEAPONS programs tied to ADVANCE AEROSPACE TECH… then GONE😳🛸
Days after UFO files announcement… he DISAPPEARS 🤯
Now MULTIPLE SCIENTISTS MISSING or DEAD — coincidence… or something BIGGER? 🇺🇸🔥