SpaceX IPO restricts investors from Mainland China and Hong Kong from participating in the subscription.
TechFlame
2026-06-05 11:32
TechFlame2026-06-05 11:32
English
**TechFlame News** – According to a Bloomberg report citing sources familiar with the matter, underwriters for SpaceX’s approximately $75 billion initial public offering (IPO) have been instructed not to accept subscription orders from investors in mainland China and Hong Kong, due to U.S. restrictions on the export of key technologies. The lead underwriter for the deal has further informed other banks in the underwriting syndicate that clients from mainland China and Hong Kong, including private banking clients, are not permitted to participate in the offering.
The report states that this move is primarily driven by regulatory and compliance risk considerations, and the relevant arrangements have not been publicly disclosed.