Why Selling Your SpaceX Shares Too Quickly Could Cost You
SpaceX is preparing for its initial public offering, with a significant portion of shares allocated to retail investors. This high demand could lead to a first-day price surge, tempting some investors to sell quickly. However, many brokerages have policies against "IPO flipping," restricting access to future offerings for those who sell shares too soon after trading begins. Firms like Robinhood, SoFi, Fidelity, and E*Trade have varying penalties for this practice, while Charles Schwab is an exception. AI
