Chase Private Bank (or Chase Private Client/J.P. Morgan Private Bank) provides exclusive IPO share subscription opportunities and exclusive roadshow participation for high net worth clients in response to JPMorgan's participation in the SpaceX SPCX IPO. background SPCX is SpaceX's IPO code: SpaceX plans to list on Nasdaq under SPCX, issuing approximately 556 million shares at a price of approximately $135 per share, with a target fundraising of approximately $7.5 billion (possibly higher), valued at over $1.75 trillion, making it one of the largest IPOs in history. The issuance is expected to end on June 11th and begin trading on June 12th. JPMorgan is a member of the underwriting team (non lead, led by Goldman Sachs and Morgan Stanley), but actively promotes through its extensive private banking network. Specific offers from Chase Private Bank/J.P. Morgan Private Bank JPMorgan vigorously promotes SpaceX IPO to its high net worth clients through Chase Private Client and J.P. Morgan Private Bank, which offer higher end private banking services typically targeting ultra high net worth clients Exclusive Roadshow and Pitch: CEO Jamie Damon personally hosted a roadshow with SpaceX COO Gwynne Shotwell and CFO, targeting thousands of affluent clients, particularly private banking clients. The event was live streamed from the New York headquarters to 90 locations (in 26 states, including branch offices and private banking offices), attracting approximately 2500-3500 top individual investors. IPO Share Allocation Opportunity: As an underwriting bank, JPMorgan has allocation quotas and will prioritize or exclusively offer qualified private banks/clients (Chase Private Client or J.P. Morgan Private Bank) to subscribe for IPO shares at an IPO price of $135. This is easier for ordinary retail investors to obtain pre allocation through platforms such as Robinhood/Fidelity. SpaceX's overall retail tilt: This IPO unusually allocates up to 30% of its shares to retail/individual investors (far higher than the usual 10%), with JPMorgan's private banking clients being a key target. Qualification requirements (typical) Chase Private Client: typically requires maintaining a high balance (such as tens of thousands to millions of dollars in assets) and can enjoy dedicated banker+J.P. Morgan Wealth Management advisory support. J.P. Morgan Private Bank: With a higher threshold (usually millions of dollars+investable assets), it offers more comprehensive wealth management, IPO/private equity opportunities, and more. • It is necessary to actively express interest and submit subscription intentions to the banker/advisor. The bank will allocate shares based on asset size, relationships, compliance review, etc. (not guaranteed for everyone, as popular IPO allocations are often limited).