SpaceX IPO prohibits investors from mainland China and Hong Kong from participating in the subscription

According to Bloomberg, informed sources say that underwriters for SpaceX's approximately $75 billion initial public offering (IPO) have been told not to accept subscription orders from investors in mainland China and Hong Kong, due to U.S. restrictions on the export of critical technologies. The lead underwriter for the transaction has further notified other banks in the underwriting syndicate that clients from mainland China and Hong Kong, including private banking clients, are not allowed to participate in placing orders.

The report states that this move is primarily due to regulatory and compliance risk considerations, and the related arrangements have not been publicly disclosed.