SpaceX pre-ipo shares?

Honestly, is there any downside other than indefinitely locking up the funds until it goes public?

Does it not matter how many shares they’re selling?

Sounds like a scam, double check the source

If it was 100% legit and you had all the rights as you typically have when owning a stock I would ask for the wiring instructions today for 100k

Is there a link for this, you can post X here now?

source?
This would be all over twitter if true..

quote:

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Definitely sounds like a timeshare door buster. Unless they’re trying to target you for services it shouldn’t matter what your net worth is as long as you can come up with $50k.

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The reason they're requiring accredited investors is due to the type of stock you're buying. Private equity is very different from public equity. For example, while preferred shares have no voting rights in public equity, in private equity they actually have significant voting power, and different preferred classes often have different rights. In addition, as someone else mentioned, there's little or no liquidity. The average investor has never been exposed to anything like it, and most wouldn't understand the terms and rights in the shareholder agreement.

My guess is that shares like these are probably common shares from employees, so they're at the end of the line when it comes to a liquidation event. Even if an accredited investor is unfamiliar with private equity, the thresholds ensure they can handle a loss.

I registered on Rainmaker-X to look into their SpaceX shares, but their website is trash. So confusing to use and like zero instructions.

Anyone actually acquired shares through Rainmaker before?