SpaceX IPO. Word on the street is that SpaceX is dictating to Schwab, E-Trade, Fidelity and other underwriters how to allocate the 30% that is supposed to go to retail investors.
In particular, you are *less* likely to get allocations the larger your account is.
Elon is serious when he said retail will get allocations.
This actually bodes well for
$SPCX price support. True retail investors are far less likely to flip since they have no prior exposure to SpaceX stock, as opposed to large investors who almost certainly already have holdings, and thus want IPO stock just to flip.