Fidelity lowers account minimum to $2,000 for SpaceX IPO access

Fidelity will allow customers with as little as $2,000 in a retail brokerage account to seek SpaceX shares at the IPO price, a major shift from prior IPO participation rules that sometimes required as much as $500,000 in assets. The brokerage said the change reflects increased share availability for this offering.

SpaceX is offering up to 30% of its IPO shares to retail investors, well above the typical 5% to 10% allocation. The company’s IPO FAQ emphasizes that "Retail investor participation is important to SpaceX." Eligible Fidelity customers can submit an indication of interest and request between one and one million shares, though the firm will use a lottery to allocate shares as retail demand is expected to outpace supply.

Fidelity also has rules limiting resale—selling within the first 15 days from the start of trading could affect future IPO access.

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