June 11, 2026

Understanding the Implications of Missing Out on IPO Shares

You’re not among the lucky few to buy shares at the offering price, and that’s perfectly fine. Here’s why you shouldn’t worry.

Elon Musk may soon become a trillionaire. SpaceX employees are set for financial windfalls through the company’s IPO. Many investors are eager to buy shares at the $135 opening price. The demand is so high that some brokers are effectively holding a lottery for these shares.

Feeling the fear of missing out (FOMO) is natural. But it’s important to consider JOMO, the joy of missing out, as a viable alternative.

SoFi, a brokerage firm, has discussed the merits and downsides of participating in this IPO. In 2024, it promoted indirect access through private-market funds. Later, in 2025, it advised on avoiding FOMO trading.

Some investors will try to quickly flip shares for profit. They buy at $135 and sell at a higher price, avoiding lockup periods and any penalties from brokers. This approach involves significant risk.

Buy-and-hold investors face potential challenges with SpaceX’s stock. Jeff Sommer noted that its price-to-sales ratio is high. Morningstar estimates the stock’s value at $63. Thus, missing out on buying at $135 might be advantageous if analysts’ projections are accurate.

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