Jamie Dimon is gathering his wealthiest clients for a conversation about what might be the most consequential public offering in a generation. The JPMorgan Chase CEO is scheduled to host an interactive discussion on June 5 at the bank’s New York headquarters, focused squarely on SpaceX’s upcoming IPO.
The guest list reads like a who’s who of aerospace dealmaking. SpaceX President Gwynne Shotwell and CFO Bret Johnsen are expected to join Dimon alongside Mary Callahan Erdoes, JPMorgan’s head of asset and wealth management. Thousands of ultra-high-net-worth clients will tune in to hear the pitch.
The numbers behind SpaceX’s public debut
SpaceX filed a public prospectus with the SEC on May 20, revealing plans to list on the Nasdaq under the ticker SPCX. The company is targeting IPO proceeds of $75-80 billion, which would place it firmly among the largest public offerings ever completed.
SpaceX plans to offer approximately 555.6 million shares priced at $135 each, assigning the company a valuation somewhere between $1.5 trillion and $2 trillion.
