Bloomberg: SpaceX’s $75 billion IPO Bars Investors in Mainland China and Hong Kong According to Bloomberg, underwriters for SpaceX’s $75 bi…
Bloomberg: SpaceX’s $75 billion IPO Bars Investors in Mainland China and Hong Kong
According to Bloomberg, underwriters for SpaceX’s $75 billion IPO have been instructed not to accept subscription orders from investors in mainland China and Hong Kong, including private banking clients, due to regulatory and compliance risks related to U.S. restrictions on critical technology exports. The restrictions were reportedly communicated to banks participating in the underwriting syndicate.