SoFi Technologies, Inc. (SOFI) has recently caught the attention of investors on Reddit due to its new offering that allows users to invest in private markets, including SpaceX shares through special purpose vehicles offered by Templum Markets. This opportunity, however, is geared towards accredited investors with a minimum investment of $25,000 and includes a 6% purchase fee, of which SoFi receives 20-50%. Reddit users are buzzing about this development, with one user exclaiming, "WE RIDING SPACEX TO THE MOON," while another noted, "Looks like SoFi has partnered with Templum for this."
In addition to the SpaceX investment opportunity, SoFi has rolled out improvements to its wire transfer services, allowing users to wire money directly from the SoFi app or website for a $30 fee on outbound transfers. This update has been well-received, with one user commenting, "You weren’t lying when you said improvements to wire transfers!! Thanks for the updates." However, some users expressed concerns about the fees, with one noting, "With an extra $30 each time to send via wire..."
Currently, SoFi Technologies, Inc. (SOFI) is trading at $16.02, reflecting a 0.88% increase from the previous close.