Fidelity Slashes SpaceX IPO Minimum from $500K to $2,000

Fidelity Investments slashed the minimum account balance required to participate in SpaceX's upcoming IPO from $500,000 to $2,000 - a 99.6% reduction. Customers with as little as $2,000 in their Fidelity accounts can now submit indications of interest for what may be the decade's biggest IPO.

The change follows SpaceX's commitment to reserve up to 30% of its offering for retail investors, far exceeding the typical 5-10% allocation. The proposed IPO price is $135 per share, with the offering scheduled for mid-June 2026. The $2,000 requirement reflects account standing, not share cost.

By contrast, Charles Schwab still requires $100,000 for IPO participation - 50 times higher than Fidelity's new threshold.

Fidelity warns that submitting an indication of interest does not guarantee shares. Allocations depend on demand, and with millions of newly eligible investors, supply could be tight.