'Emperor of Wall Street' Dimon Backs SpaceX with Exclusive Briefing for Ultra-High-Net-Worth Clients

Simultaneous Broadcast to 90 Branches in 26 States
"Unprecedented Large-Scale Nationwide Seminar"

Jamie Dimon, Chairman of JPMorgan and often dubbed the "Emperor of Wall Street," is set to personally present an investment briefing to the bank's ultra-high-net-worth clients ahead of the SpaceX initial public offering (IPO) scheduled for this month.

Jamie Dimon, Chairman of JPMorgan, attended the World Economic Forum in Davos, Switzerland, on January 21. Photo by Reuters Yonhap News

According to Bloomberg on the 3rd (local time), Chairman Dimon will host an investment seminar titled "Live Interactive Discussion" at JPMorgan's headquarters on the 5th. The event will be attended by Gwynne Shotwell, President of SpaceX; Bret Johnsen, Chief Financial Officer (CFO) of SpaceX; and Mary Callahan Erdoes, CEO of JPMorgan Asset & Wealth Management.

The seminar will be broadcast simultaneously to approximately 90 JPMorgan branches across 26 states in the United States. More than 2,500 clients are expected to participate. While it is common for banks to support roadshows for companies preparing for an IPO, it is considered unprecedented for JPMorgan to hold such a large-scale nationwide client event. The media outlet added that this reflects the exceptionally high investor demand for the SpaceX listing.

SpaceX, led by Elon Musk, is preparing to go public this month. The investor roadshow will begin on the 4th. According to documents the company submitted to the U.S. Securities and Exchange Commission (SEC), SpaceX has set its IPO price at $135 per share. This puts the company's estimated valuation at $177 billion. If the listing is successful, it is expected to be the largest IPO in the history of the U.S. stock market.

Meanwhile, anticipation surrounding the SpaceX listing is reigniting the previously stagnant IPO market. OpenAI and Anthropic are also reportedly preparing to go public within the year.

This content was produced with the assistance of AI translation services.