The SpaceX IPO Is Coming. Here's Everything You Need To Know About IPO Risks and Rewards

Money Rehab with Nicole Lapin

Money News Network

Self-improvement, Business, Education

4.6 • 1.7K Ratings

🗓️ 22 April 2026

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The SpaceX IPO will likely be the largest public offering in history... But before you get excited, Nicole breaks down how the IPO machine actually works, and why some of the smartest people in finance say the system is rigged against you. Nicole walks through the full IPO process step by step: what underwriters actually do (and what they charge for it), how the roadshow and book-building work, and why the price you'll pay on IPO day is not the price institutional investors paid. She also covers what SpaceX employees need to know right now about their equity, stock options, RSUs, lockup periods, and the tax surprises that can blindside you before you sell a single share. Then, Nicole shares the framework she uses to evaluate any IPO, including the two sections of the S-1 prospectus most retail investors skip, and explains how you can get in on SpaceX before the IPO. Check out Nicole’s financial literacy course The Money School Find a Financial Advisor or Financial Coach from Nicole’s company Private Wealth Collective Watch video clips from the pod on Money Rehab’s Instagram and Nicole Lapin’s Instagram Here's what Nicole covers today: 00:00 Are You Ready for Some Money Rehab? 00:04 The SpaceX IPO: Just How Historic Is It? 01:08 How the IPO Process Actually Works 02:12 What Underwriters Do (and What They Cost) 03:04 The Roadshow and How IPO Pricing Works 03:45 NYSE vs. NASDAQ: Where Will SpaceX List? 04:25 Why Companies Go Public 05:14 What SpaceX Employees Need to Know About Their Equity 06:00 Lockup Periods Explained 07:06 Three Things Every Employee Must Do Before an IPO 08:06 Is the IPO System Rigged? Bill Gurley's Argument 10:00 The Figma Example: How Retail Investors Got Burned 11:19 How to Evaluate Any IPO Before You Invest 13:27 Watch the Lockup Expiration Date 14:09 Tip You Can Take Straight to the Bank All investing involves the risk of loss, including loss of principal. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments.

Transcript

Click on a timestamp to play from that location

0:00.0	2025 had some of the lowest points in my life, which is saying something. It also had some of the best
0:08.3	moments of my life as a new mom. It was a lot. Thankfully, I have a great therapist who helped me
0:16.3	with the ups and the downs. Our sponsor Rula helps match everyone with a great therapist while keeping
0:24.1	therapy affordable. Rula partners with therapists and psychiatrists nationwide, enabling you to find
0:30.9	your personalized solution and the right therapist for you based on your needs, preferences,
0:37.2	and state requirements. And Rula isn't just
0:40.2	affordable. The experience is tailored around you because they know that finding the right therapist
0:46.4	can make all the difference. Rula makes it easy to find a mental health provider who is accepting
0:52.3	new patients and appointments are available as soon as
0:55.5	tomorrow. Thousands of people are already using Rula to get affordable, high quality therapy
1:01.3	that's actually covered by insurance. Visit rula.com slash MNN to get started. That's Rula.com
1:09.9	slash MNN. You deserve mental health care that works with you,
1:14.6	not against your budget. Here's my tip to feel safer in this crazy world. Start building an
1:20.5	emergency fund. Just knowing it's there will cut your stress so much. Here's a pro tip, though.
1:27.0	Don't let that money just sit there. Make sure
1:29.5	you're getting the highest APY possible. Put your fund to work. With CHIMM, you can earn up to 3%
1:37.0	APY on savings. Chime is changing the way people bank. Fee-free and smarter banking built for you. Not like old-school
1:47.0	banks that charge you overdraft and monthly fees, CHIME recently launched the new CHIME card. It
1:53.6	unlocks safer credit building and cashback with everyday spending. Imagine cashback and
2:00.4	credit building with your own money,
2:02.4	finally on the same card.
2:04.6	No annual fees, no interest, and no strings attached.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Money News Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Money News Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.