Thread regarding Fidelity Investments layoffs

So about Spacex...

Fidelity owns 10% of SpaceX, ironic that employees can't participate in IPOs but Fidelity itself can. Anyways do you think the success/failure of SpaceX IPO will impact the NAV of chairman shares?


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Post ID: @OP+1ktmm8m85

6 replies (most recent on top)

Sorry, but this isn’t a Fidelity rule. It’s a FINRA rule. If you work for a brokerage firm, you and your immediate family members are restricted from buying IPOs.

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Post ID: @f8+1ktmm8m85

don't waste your money.

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Post ID: @cb+1ktmm8m85

I voted for Mamdani so things like this wouldn't happen any more.

I should get a thousand shares of any IPO I want. Just like Jamie Dimon does, I'm sure.

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Post ID: @be+1ktmm8m85

Are you really that f$&kin stupid?? I’ll answer for you. YOU ARE!!

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Post ID: @ag+1ktmm8m85

But even if you have an account with Fidelity, unless you have 100K in cash, they won't let you invest. I wanted to buy one share for the fun of it.

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Post ID: @a4+1ktmm8m85

Tell me you don’t understand Wall Street without telling me you don’t understand Wall Street. Rules for thee, not for me.

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Post ID: @a3+1ktmm8m85

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