<p>[香港/纽约] 知情人士表示，SpaceX 的 750 亿美元首次公开募股的承销商已被告知，不得接受来自香港和中国投资者的订单，原因是美国对关键技术出口的限制。</p>
<p>负责该交易的主要银行已告知承销团中的其他银行，不得允许香港和中国的客户，包括私人银行客户，提交该募股的订单，原因是监管和合规风险，这些人士要求匿名，因为该事项是私密的。</p>
<p>一些知情人士表示，银行被告知这一决定是基于与美国国际武器贸易条例相关的内部指导，该条例管理与国防相关的技术和技术数据的出口。</p>
<p>负责该交易的高盛集团和摩根士丹利未立即回应置评请求。SpaceX 的一名代表在正常办公时间外无法立即联系。</p>
<p>周五（6 月 5 日），SpaceX 的网站在香港和上海无法访问，尝试访问时出现错误信息，表示该公司已禁止来自这些地区的互联网地址访问。</p>
<p>近年来，美国科技和人工智能公司对接受中国投资者的资本变得越来越谨慎，反映出监管机构和客户对潜在国家安全和数据安全风险的高度关注。</p>
<p>另见</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5f28e00642bba1d5b2ed8864afc9722ecf062ca114a2440f82730e4d11d72e3d/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5f28e00642bba1d5b2ed8864afc9722ecf062ca114a2440f82730e4d11d72e3d/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>首席执行官杰米·戴蒙将向摩根大通的超高净值客户推介 SpaceX IPO</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/fec71eb0e1365e43b6e8d05c93bba68c43c161b9571302883162e35a66fd6389/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/fec71eb0e1365e43b6e8d05c93bba68c43c161b9571302883162e35a66fd6389/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>SpaceX 寻求 750 亿美元的创纪录 IPO 以资助人工智能和发射</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/fec71eb0e1365e43b6e8d05c93bba68c43c161b9571302883162e35a66fd6389/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/fec71eb0e1365e43b6e8d05c93bba68c43c161b9571302883162e35a66fd6389/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>SpaceX 将 IPO 估值目标下调至至少 1.8 万亿美元</h3>
<h3>东盟情报</h3>
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<p>追求政府合同或在敏感行业运营的公司通常希望保持其股东基础不受可能引发美国当局审查或引起潜在客户担忧的投资者影响。</p>
<p>这一转变与前十年形成对比，当时中国风险投资公司、私募股权基金、家族办公室和富裕个人是硅谷初创企业的活跃投资者。许多人通过离岸特殊目的工具和基金结构参与，这些结构模糊了资本的最终来源，使他们能够与全球投资者一起支持高增长的科技公司。</p>
<p>然而，随着华盛顿与北京之间的地缘政治紧张局势加剧，创始人和承销商在公开上市前对资本结构变得更加挑剔，一些公司积极减少或完全避免中国所有权。彭博社</p>
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SpaceX 正式提交 S-1：定价 $135/股，估值 1.77 万亿美元，发售 5.556 亿股，融资规模高达 750 亿美元；6/11 定价、6/12 Nasdaq 挂牌，将成史上最大 IPO。估值直接超越伯克希尔，把 SpaceX 推上美股第 7 大公司位置，比 Tesla（1.6 万亿）还高。$135 你打吗？

<p><span style="background-color:rgb(253,253,252);color:rgb(110,108,104);">SpaceX 正式提交 S-1：定价 $135/股，估值 1.77 万亿美元，发售 5.556 亿股，融资规模高达 750 亿美元；6/11 定价、6/12 Nasdaq 挂牌，将成史上最大 IPO。估值直接超越伯克希尔，把 SpaceX 推上美股第 7 大公司位置，比 Tesla（1.6 万亿）还高。$135 你打吗？</span></p>

SpaceX IPO 打新周：$135 你打吗？

SPCX

ASTS

DXYZ

回声星通信

RKLB

<p>SpaceX 750 亿美元 IPO 的承销商已被指示拒绝来自香港和中国投资者的订单，原因是美国对关键技术的出口管制法规。这一决定是由于国际武器贸易条例下的合规风险，反映出地缘政治审查的加剧。因此，SpaceX 还阻止了这些地区的网页访问，这标志着其对硅谷初创企业接受中国资本的开放态度的转变</p>

<p>[HONG KONG/NEW YORK] Underwriters on SpaceX’s US$75 billion initial public offering have been told not to accept orders from investors in Hong Kong and China, citing US restrictions around the export of critical technology, people with knowledge of the matter said.</p>
<div class="lb-trans"><p>[香港/纽约] 知情人士表示，SpaceX 的 750 亿美元首次公开募股的承销商已被告知，不得接受来自香港和中国投资者的订单，原因是美国对关键技术出口的限制。</p>
</div><p>The lead banks overseeing the deal have told other banks in the underwriting syndicate not to permit customers in Hong Kong and China, including private banking clients, to place orders for the offering due to regulatory and compliance risks, the people said, asking not to be identified as the matter is private.</p>
<div class="lb-trans"><p>负责该交易的主要银行已告知承销团中的其他银行，不得允许香港和中国的客户，包括私人银行客户，提交该募股的订单，原因是监管和合规风险，这些人士要求匿名，因为该事项是私密的。</p>
</div><p>Banks were told the decision was driven by internal guidance related to the US International Traffic in Arms Regulations, which governs exports of defence-related technologies and technical data, some of the people said.</p>
<div class="lb-trans"><p>一些知情人士表示，银行被告知这一决定是基于与美国国际武器贸易条例相关的内部指导，该条例管理与国防相关的技术和技术数据的出口。</p>
</div><p>Goldman Sachs Group and Morgan Stanley, the lead banks on the deal, did not immediately respond to a request for comment. A representative for SpaceX could not immediately be reached for comment outside of regular office hours.</p>
<div class="lb-trans"><p>负责该交易的高盛集团和摩根士丹利未立即回应置评请求。SpaceX 的一名代表在正常办公时间外无法立即联系。</p>
</div><p>SpaceX’s website was inaccessible from Hong Kong and Shanghai on Friday (Jun 5), with attempts to do so resulting in an error message that said the company had banned access from Internet addresses from those locations.</p>
<div class="lb-trans"><p>周五（6 月 5 日），SpaceX 的网站在香港和上海无法访问，尝试访问时出现错误信息，表示该公司已禁止来自这些地区的互联网地址访问。</p>
</div><p>US technology and artificial intelligence companies have become increasingly cautious about accepting capital from Chinese investors in recent years, reflecting heightened scrutiny from regulators and customers over potential national security and data-security risks.</p>
<div class="lb-trans"><p>近年来，美国科技和人工智能公司对接受中国投资者的资本变得越来越谨慎，反映出监管机构和客户对潜在国家安全和数据安全风险的高度关注。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另见</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5f28e00642bba1d5b2ed8864afc9722ecf062ca114a2440f82730e4d11d72e3d/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/5f28e00642bba1d5b2ed8864afc9722ecf062ca114a2440f82730e4d11d72e3d?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>CEO Jamie Dimon to pitch JPMorgan’s ultra-rich clients on SpaceX IPO</h3>
<div class="lb-trans"><h3>首席执行官杰米·戴蒙将向摩根大通的超高净值客户推介 SpaceX IPO</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/fec71eb0e1365e43b6e8d05c93bba68c43c161b9571302883162e35a66fd6389/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/fec71eb0e1365e43b6e8d05c93bba68c43c161b9571302883162e35a66fd6389?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>SpaceX seeks US$75 billion in record IPO to fund AI, launch</h3>
<div class="lb-trans"><h3>SpaceX 寻求 750 亿美元的创纪录 IPO 以资助人工智能和发射</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/fec71eb0e1365e43b6e8d05c93bba68c43c161b9571302883162e35a66fd6389/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/fec71eb0e1365e43b6e8d05c93bba68c43c161b9571302883162e35a66fd6389?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>SpaceX lowers IPO valuation target to at least US$1.8 trillion</h3>
<div class="lb-trans"><h3>SpaceX 将 IPO 估值目标下调至至少 1.8 万亿美元</h3>
</div><h3>Asean Intelligence</h3>
<div class="lb-trans"><h3>东盟情报</h3>
</div><p>Get insights into businesses across South-east Asia</p>
<div class="lb-trans"><p>获取东南亚各企业的洞察</p>
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</div><p>Companies pursuing government contracts or operating in sensitive sectors often seek to keep their shareholder base free of investors that could trigger reviews by US authorities or raise concerns among prospective clients.</p>
<div class="lb-trans"><p>追求政府合同或在敏感行业运营的公司通常希望保持其股东基础不受可能引发美国当局审查或引起潜在客户担忧的投资者影响。</p>
</div><p>The shift marks a contrast with the previous decade, when Chinese venture capital firms, private equity funds, family offices and wealthy individuals were active investors in Silicon Valley startups. Many participated through offshore special purpose vehicles and fund structures that obscured the ultimate source of capital, allowing them to back high-growth technology companies alongside global investors.</p>
<div class="lb-trans"><p>这一转变与前十年形成对比，当时中国风险投资公司、私募股权基金、家族办公室和富裕个人是硅谷初创企业的活跃投资者。许多人通过离岸特殊目的工具和基金结构参与，这些结构模糊了资本的最终来源，使他们能够与全球投资者一起支持高增长的科技公司。</p>
</div><p>As geopolitical tensions between Washington and Beijing have intensified, however, founders and underwriters have become more selective about cap tables ahead of public listings, with some companies actively reducing or avoiding Chinese ownership altogether. BLOOMBERG</p>
<div class="lb-trans"><p>然而，随着华盛顿与北京之间的地缘政治紧张局势加剧，创始人和承销商在公开上市前对资本结构变得更加挑剔，一些公司积极减少或完全避免中国所有权。彭博社</p>
</div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.</p>
<div class="lb-trans"><p>解码亚洲通讯：您在新全球秩序中导航亚洲的指南。点击此处注册以获取解码亚洲通讯。免费送达您的邮箱。</p>
</div>

Chinese, HK investors banned from SpaceX IPO on security grounds: sources

Businesstimes News

SpaceX

AST SpaceMobile

Destiny Tech100

Fundrise Innovation Fund LLC

Rocket Lab

Planet Labs

高盛

摩根士丹利

摩根大通

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MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

消息人士透露，由于安全原因，中国和香港的投资者被禁止参与 SpaceX 的首次公开募股