SpaceX IPO bars investors from China and Hong Kong
SpaceX underwriters are barring investors in China and Hong Kong from its initial public offering. The move follows regulatory concerns over foreign investment.
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SpaceX underwriters reportedly barred investors in China and Hong Kong from participating in the company's planned IPO. Lead banks instructed the underwriting syndicate to reject orders from these regions due to regulatory and compliance concerns, Bloomberg News reported. The restriction prevents regional participation in the aerospace listing, though Reuters could not independently confirm the report.
