By the time a company goes public and you can buy it in your trading account, much of the money has already been made. Take SpaceX. Investors at one of our luncheons paid around $135 to $180 in the public market. To get the $135 offering price, you had to go through a brokerage firm for an allotment. Tom asked for $50,000 worth and got $5,000, because the allotment was spread across so many people.
Yet he has over a million dollars in SpaceX. How? He bought before it went public. Ticker Tape bought SpaceX shares from $13 and change up to $107 a share.
Key points
- Public investors in this example paid around $135 to $180 for SpaceX.
- IPO allotments are small: a $50,000 request yielded $5,000.
- Ticker Tape bought SpaceX before the IPO at prices from about $13 to $107 a share.
Accredited investors: learn about current opportunities at tickertapeinvestments.com.
