ANI
05 Jun 2026, 16:28 GMT+10
Hong Kong, June 5, (ANI): The SpaceX website and its IPO documents are inaccessible to people in Hong Kong and mainland China, according to a Reuters review.
The Elon Musk-led rocket startup is planning to sell 555.6 million shares at $135 a share. The company will raise a total of $75 billion valuing the company at $1.75 trillion placing it among top 10 most valuable companies in the US. SpaceX began its IPO marketing campaign with a roadshow on Thursday in New York.
An 'Error 1009' message popped up upon accessing the SpaceX website and marketing material, the Reuters review showed.
SpaceX, which will go public under the ticker symbol SPCX, is set to be the biggest IPO ever and at a valuation of $1.7 trillion will cross Tesla which is valued at $1.6 trillion.
Web security provider Cloudflare said that the most likely scenario for the error is that the website owner 'has banned' the country or region from access, according to the Reuters report.
Musk's Tesla cars are a huge hit in China and compete with the locally manufactured BYD.
According to the SpaceX IPO prospectus, Musk holds the reigns of the company through his massive ownership. It also mentioned that the company plans to reserve 5 per cent of the stock in its IPO for certain employees and persons.
SpaceX and Anthropic are preparing for their market debut with the Claude-maker having confidentially filed for an IPO. OpenAI is expected to follow suit and file for an IPO soon.
Musk's rocket, satellite internet and AI company faced a setback as its immediate entry to S&P 500 has been blocked after S&P Dow Jones refused to change rules for entry of megacaps in the key index.
Musk, who merged xAI and SpaceX in February, plans to spend the proceeds of the IPO on expanding the AI computing infrastructure and the satellite networks. (ANI)
Get a daily dose of Tennis Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tennis Times.
More Information(Photo credit: John Jones-Imagn Images) Aaron Judge's next game for the New York Yankees will not occur for a while. In the meantime,...
Brasilia [Brazil], June 5 (ANI): Three decades after a memorable goal celebration against the Netherlands in the 1994 FIFA World Cup,...
Lisbon [Portugal], June 5 (ANI): Portugal star Ruben Dias spoke on his side's FIFA World Cup aspirations, saying that the team is 'humble...
ZURICH, 5th June, 2026 (WAM) -- FIFA has announced the launch of the FIFA Power Rankings, a pioneering system featuring a new data-led...
(Photo credit: Eric Hartline-Imagn Images) The Philadelphia Phillies won 96 games last season, while the Chicago White Sox won 60....
(Photo credit: Jeff Hanisch-Imagn Images) The San Francisco Giants have put together some stellar offensive efforts in the past week,...
NEW YORK CITY, New York: Meta's effort to train artificial intelligence systems using detailed records of employee computer activity...
VMPL New Delhi [India], June 5: India's grooming industry has traditionally focused on styling performance -- hold, shine, texture,...
Shimla (Himachal Pradesh) [India], June 5 (ANI): Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday said the state government...
New Delhi [India], June 5 (ANI): Welcoming Punjab Chief Minister Bhagwant Singh Mann's landmark decision to curb arbitrary fee hikes...
Los Angeles [US], June 5 (ANI): The much-awaited official teaser of Disney's 'Ice Age: Boiling Point' has been unveiled, bringing an...
NewsVoir Mumbai (Maharashtra) [India], June 5: IHG Hotels & Resorts, one of the world's leading hospitality companies, has announced...
