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Wall Street giants tout SpaceX in glitzy pre-IPO investor events 
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Wall Street giants tout SpaceX in glitzy pre-IPO investor events 
Jun 4, 2026 6:21 PM

* BofA, Morgan Stanley ( MS ) and JPMorgan ( JPM ) host exclusive events

for wealthy clients, financial advisors

* Thousands of clients invited to launch parties and

livestreams

* Expected $75 billion IPO is the talk of Wall Street

By Tatiana Bautzer and Nupur Anand

NEW YORK, June 4 (Reuters) - Wall Street's investment

banking giants are feting investors at splashy investor events

that kicked off on Thursday, giving hopeful SpaceX

buyers something most banks can't: access to the rocketmaker's

top executives ahead of its blockbuster IPO next week.

Elon Musk's futuristic IPO, which bases its lofty valuation

on sci-fi concepts like colonizing Mars and data centers in

space, has captured the imagination - and wallets - of Wall

Street and investors clamoring for a piece of the action. Bank

of America ( BAC ), JPMorgan ( JPM ) and Morgan Stanley ( MS ) are all hosting events

over the next few days.

With plans to raise a record $75 billion, it would be the

largest of all time. At an expected $1.75 trillion market

capitalization, the company will immediately become one of the

most valuable listed names worldwide.

Bank of America ( BAC ), which is leading the retail distribution effort

in the U.S., decked out the lobby at its midtown Manhattan

headquarters with SpaceX rockets and other images for an event

Thursday for wealth management clients, a person familiar with

the matter said.

The event will be headed by Co-President Jim DeMare, who will

interview SpaceX President and Chief Operating Officer Gwynne

Shotwell and CFO Bret Johnsen about the company's public trading

debut, according to a person with knowledge of the matter. It

was not clear if Musk would participate in any way. The bank

also plans to light the building's spire Thursday night to

resemble a rocket ship taking off.

MAKING THE ROUNDS

Shotwell and Johnsen are also making the rounds at

JPMorgan's ( JPM ) recently opened, bronze-toned headquarters just a

15-minute walk away, where CEO Jamie Dimon is headlining a

similar event, also on Thursday. More than 2,500 clients are

expected to attend in what will be the first such event for the

bank at this scale.

JPMorgan ( JPM ) also played a video of a SpaceX rocket launch on

Thursday on repeat across wide screens at its headquarters along

with the words "Go for Launch" projected several feet high

across the lobby.

Bank of America's ( BAC ) private bank and Merrill Lynch have

invited more than 5,000 clients to market launch parties being

hosted by the bank and streamed to offices across the U.S. as

part of the Merrill presence.

On Monday, Morgan Stanley ( MS ) is hosting an event for its wealth

management clients featuring SpaceX executives along with Kate

Claassen, the lead banker in the IPO, and wealth management head

Jed Finn.

It was not clear if Goldman Sachs was organizing an event

similar to its well-heeled rivals for its wealth management

clients. The bank is also showcasing SpaceX model rockets in two

lobbies in its downtown Manhattan headquarters to mark the stock

debut.

Typically, Goldman Sachs does offer large deals to its

private wealth clients, according to people familiar with the

matter.

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