Fidelity has announced that it is making the SpaceX IPO available to any customer with a retail brokerage account with $2,000 or more in the account (down from up to $500k before).
"SpaceX has decided to reserve a much higher percentage of the offering (up to 30%), which means there should be more shares available to retail clients, which is why we have decided to reduce IPO eligibility for this offering."
SpaceX’s literally destroyed the cost to orbit so much even you can afford the ticket to ride on it in the future
- For decades, launch cost to low Earth orbit was roughly $18,500 per kg
- Falcon 9 brought that down to around $2,700 per kg
- Falcon Heavy pushed it closer to $1,400 per kg
➝ Now Starship is targeting a 99%+ cost reduction
When the cost of reaching orbit falls by orders of magnitude, space stops being a rare government program and starts becoming industrial infrastructure
Starlink, orbital manufacturing, lunar cargo, AI compute, and Mars all depend on one thing:
getting cost to orbit as close to zero as possible
That is why Starship matters so much....It is not just a bigger rocket
It is the cost reset that opens the next economic frontier