Key facts
- SpaceX's website and IPO marketing documents are inaccessible in mainland China and Hong Kong.
- Users attempting to access the site received an "Error 1009" message.
- The reason for the restriction is not immediately clear.
- SpaceX aims to raise $75 billion in its IPO, valuing it at $1.75 trillion.
- The IPO is expected to be the world's largest.
SpaceX's website and IPO marketing documents have become inaccessible in mainland China and Hong Kong, according to a Reuters review. This development could limit participation from investors in these regions for the company's anticipated $75 billion IPO, which aims to value SpaceX at $1.75 trillion. The IPO is expected to be the world's largest. Users attempting to access the site received an "Error 1009" message, which a web security provider suggests means the website owner has banned access from the region. The reason for this block is not immediately clear, and SpaceX, along with the lead banks for the IPO, have not yet commented. Elon Musk, associated with SpaceX, is a well-known figure in China due to the popularity of his Tesla electric vehicles. The IPO papers were posted on the website on Thursday, and were accessible in most major Asian markets except for mainland China and Hong Kong. The restriction comes amid ongoing scrutiny of SpaceX, with U.S. senators previously urging a review due to accusations of Chinese investors secretly acquiring stakes. Individual investors will be able to take a stake in the company starting next week.