SpaceX sets June 12 IPO, China and Hong Kong investors barred
SpaceX set its Nasdaq IPO for June 12 under ticker SPCX, and the company instructed underwriters to reject orders from investors in China and Hong Kong over U.S. export control and national security concerns. The firm's S-1 emphasizes large bets on AI infrastructure alongside Starship development, and Goldman Sachs projects roughly $474 billion in revenue for SpaceX by 2030. The offering uses SPV vehicles and pre-IPO structures and includes retail allocations that could leave many individual investors with indirect, riskier stakes instead of direct shares. Excluding China and Hong Kong narrows the buyer pool and underscores how national security limits on advanced rocket and AI technology could shape valuation and geopolitics.
this SpaceX IPO has to be creating an all-time market for Manhattan-based cocaine dealers www.reuters.com/legal/transa...
imagine coming up with that number... like yeah, nobody will ever believe that SpaceX is gonna do $3.5 trillion in revenue by 2040, better make it $3.4 trillion just to be safe
You have to have the IQ of a potato to believe anything in their prospectus
I would love to know how putting something like that projection into print is not some form of securities fraud.
10% of the GDP of USA...nope
I want you to know I LOLed for real well done
3 trillion? Outside of Weimar-grade inflation trends I don't see how that's remotely possible.
Hmm. *CHINA, HK INVESTORS BANNED FROM SPACEX IPO ON SECURITY CONCERNS