Frequently Asked
The questions accredited investors ask most often about SpaceX pre-IPO secondary access, fees, lockups, and timelines.
We work exclusively with accredited investors as defined under SEC Rule 501 of Regulation D. That generally means individual income above $200,000 (or $300,000 joint) for the past two years, a net worth above $1 million excluding primary residence, or holding certain professional licenses. We verify accreditation as part of onboarding before any allocation is presented.
Minimums vary by the specific vehicle and the secondary supply available in a given quarter. Direct secondary transactions historically clear at higher minimums, while structured fund vehicles can begin at materially lower thresholds. A senior advisor will present the current minimums on your private consultation based on what is actually available, not theoretical numbers.
SpaceX has not announced a public listing date. Elon Musk has publicly stated a preference to remain private while Starship and Starlink reach maturity. Pre-IPO secondary supply exists today because long-tenured employees and early investors periodically liquidate; pricing reflects private-market discount and lockup expectations rather than a specific listing date.
No. We are an independent private placement advisory. We are not affiliated with, endorsed by, or acting on behalf of Space Exploration Technologies Corp. All secondary transactions are sourced from verified shareholders, institutional sellers, or structured-vehicle managers, and are subject to SpaceX’s right-of-first-refusal where applicable.
Fee structure depends on whether the transaction is a direct secondary, a single-purpose vehicle, or a fund-of-one. A typical structure includes a one-time placement fee at funding and, for vehicle-based access, a small annual administration fee. All fees are disclosed in writing before any commitment and are presented in the offering documents you sign.
We source allocation from three channels: direct secondaries from long-tenured shareholders, institutional secondary desks, and established single-purpose vehicles run by reputable private-market platforms. Every supply source is documented, counsel-reviewed, and confirmed against issuer transfer requirements before being presented to a client.
Pre-IPO secondary positions are typically subject to standard post-IPO lockups (commonly 180 days) plus any issuer-specific restrictions on transfer. The exact terms depend on the vehicle and the underlying shareholder agreement; your advisor will walk through the specific lockup and post-IPO mechanics for any allocation presented.
Liquidity before a public listing is limited and not guaranteed. Some vehicles allow secondary transfer subject to manager approval; some do not. Pre-IPO allocation should be sized assuming a multi-year hold. We discuss exit scenarios — including hypothetical secondary sale, tender offers, and IPO timelines — explicitly during the consultation.
Every transaction includes a subscription agreement, the offering documents for the specific vehicle, accreditation verification, and where applicable, the underlying purchase or transfer agreement. All documents are reviewed by counsel before signature. You retain copies of everything and the documentation supports tax reporting at year-end.
Submit your details on the request form on the homepage. A senior advisor will contact you within one business day to schedule a confidential 30-minute consultation, review your accreditation, and walk through any allocation that may currently be available. There is no fee for the initial consultation.
Still have questions?
A senior advisor will answer them directly in a confidential 30-minute consultation.