Anyone With $2,000 Can Buy Into Spacex's IPO — Critics Compare It To 'Selling Suicide Pills at the Drugstore'

SpaceX's $1.7 trillion valuation faces criticism as analysts warn it's overvalued amid risky, unproven technology ambitions. (Credit: SpaceX/Unsplash)

Fidelity Investments just said it will make the SpaceX IPO available to more people. It will allow investors with a retail brokerage account with at least $2,000 to invest in the IPO. Historically, Fidelity has mandated a minimum of $500,000 in brokerage accounts.

'SpaceX has decided to reserve a much higher percentage of the offering (up to 30%), which means there should be more shares available to retail clients, which is why we have decided to reduce IPO eligibility for this offering,' according to Fidelity.