SpaceX IPO Plans to Restrict Investors from China and Hong Kong

Odaily News According to sources, underwriters for SpaceX's IPO, which is valued at approximately $75 billion, have been instructed not to accept subscription orders from investors in Mainland China and Hong Kong (including private banking clients). This is due to technical export and compliance risks related to the U.S. International Traffic in Arms Regulations (ITAR). It is reported that relevant financial institutions have been asked to reject funds from these regions to avoid triggering U.S. national security and data security reviews. SpaceX's official website was also inaccessible in Hong Kong and Shanghai on Friday, displaying error messages indicating blocked local IPs, reflecting further tightening of capital and information access for Chinese entities. (Bloomberg)