Posts  / #POST-230037
REDDIT

Who is even allowed to sell SPCX right now?

O
Jun 13, 2026 · 16:21

So institutional investors, who hold the majority of the stock, aren't selling any SPCX for weeks or months because they would be excluded from future IPOs by the investment banks. Now I read in the NYT that flipping the stock is allowed for retail investors but that many exchanges will temporarily lock or permanently ban retail investors from their platform it they flip SPCX. Can anyone with SPCX here confirm is that's true? And if so, did IBs and exchanges practically block any selling power for the coming weeks? Seems especially nefarious with the shortened NASDAQ index warmup period...