SpaceX IPO: how can I buy shares, and what are the risks?

How do I buy shares? The shares will be listed on the Nasdaq in New York, and you may well end up owning some even if you do not attempt to buy any directly. Recent changes by some markets including the Nasdaq means that SpaceX could quickly appear in index tracker funds the index, and other fund managers may choose to invest. In the UK, some investment trusts already have stakes in the company . These include Edinburgh Worldwide and Baillie Gifford US Growth. If you want to buy individual shares you will need to sign up to a platform that is acting as a broker for them. In the UK, AJ Bell and Hargreaves Lansdown are offering clients the chance to bid for shares. In the US, you will be able to buy through Charles Schwab, Fidelity, Robinhood, SoFi Technologies, and Morgan Stanley’s E*Trade. SpaceX will set the official share price on 11 June, based on interest from investors. Photograph: Dado Ruvić/Reuters “Normally, it is quite difficult for UK-based retail investors to access US IPOs, but a number of UK brokers and investment platforms are offering access to this one, sensing both strong client demand and, no doubt, a commercial opportunity,” says Jason Hollands, the managing director of BestInvest. “Minimum subscriptions are typically about £1,000, with applications closing next Wednesday. …