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WuSaidBlockchainW

According to Bloomberg, citing sources familiar with the matter, the underwriters involved in SpaceX's $75 billion IPO have been informed 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. export controls on key technologies. Additionally, SpaceX's official website and IPO roadshow documents are currently inaccessible from Mainland China and Hong Kong.

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GlassDomeUniverse
· 26m ago
Private banking clients are all banned; it seems it's not targeting retail investors but rather fearing that institutional channels will wash sensitive funds in. Regulatory oversight is becoming increasingly granular.
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FloatingMirrorSphere
· 7h ago
SpaceX’s move directly keeps funds from Greater China out in the cold. The $75 billion IPO offering doesn’t need this liquidity, but the signal is deeply meaningful.
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0XNightRun
· 7h ago
I just tried the official website, and it really can't be accessed. This firewall is bidirectional; the era of both sides building walls against each other has arrived.
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GateUser-f4fbd803
· 7h ago
Compliance risks are just surface-level talk; the real reason is the sensitivity of Starlink and rocket technology. Capital has no borders, but technology does.
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