Tesla Holders Get 555.6M SpaceX IPO Allocation as Fidelity Reserves 30% for Retail
TSLA•Tesla shareholders with over 10-year holdings receive supplemental allocations for SpaceX’s 555.6 million–share IPO at $135 each, raising $75 billion for a $1.77 trillion valuation. Fidelity reserved 30% of the offering for retail clients by cutting eligibility to $2,000 accounts, fulfilling Musk’s long-term shareholder pledge.
1. SpaceX IPO Overview
SpaceX plans to sell 555.6 million shares at $135 each in a June 11 offering, raising $75 billion and valuing the company at $1.77 trillion ($1.8 trillion fully diluted). The filing outlines a $28.5 trillion total addressable market spanning launch services, Starlink connectivity, direct-to-cell communications and AI infrastructure.
2. Tesla Shareholder Allocation
E*TRADE will grant Tesla shareholders with at least 10 years of holdings supplemental allocations in the IPO, honoring Elon Musk’s 2021 pledge to prioritize long-term Tesla investors when SpaceX goes public.
3. Retail Investor Program
Fidelity has reserved 30% of the offering for retail clients by lowering the eligibility threshold to $2,000 in brokerage balances, compared with the typical 5–10% retail allocations in most high-profile IPOs.
4. Potential S&P Inclusion Path
With S&P Dow Jones Indices confirming no changes to index eligibility, a future stock-for-stock merger between SpaceX and Tesla could enable SpaceX to inherit Tesla’s S&P 500 slot, accelerating its inclusion despite current GAAP loss requirements.
