Can you buy SpaceX shares from UAE? Step-by-step guide for new investors

Each brokerage uses its own allocation process. According to Barron's:

E-Trade allocates shares proportionally based on the size of a client's conditional offer.

Robinhood uses a random selection process to determine recipients.

SoFi considers factors such as account assets, direct deposits, prior participation in offerings and compliance with its IPO-flipping policy, which discourages investors from selling newly acquired IPO shares within the first 30 days.