Mainland China and Hong Kong investors are locked out of what could become the biggest IPO in history.

SpaceX launched its global IPO roadshow Thursday in New York, but users in mainland China and Hong Kong are hitting a wall. Reuters confirmed that both the company’s website and its IPO marketing documents return an “Error 1009” message across both markets.

Key Details

SpaceX is targeting a $75 billion raise at a $1.75 trillion valuation – a figure that would make it one of the ten most valuable U.S.-listed companies overnight, and the first-ever U.S. market debut above the $1 trillion mark.

Lead banks include Bank of America, Citigroup, Goldman Sachs, JPMorgan, and Morgan Stanley. Japan’s Mizuho and Australia’s Macquarie Capital are managing the Asia Pacific portion of the deal.

Web security firm Cloudflare says an Error 1009 typically means the site owner has deliberately blocked access by country or IP region, making this likely a SpaceX decision. Francis Fong, honorary president of the Hong Kong Information Technology Federation, called such blocks rare among major corporations.

Market Reaction

The access block cuts off investors in Hong Kong, the world’s top wealth hub, from reviewing IPO prospectus materials ahead of a deal with global implications for tech and space sector valuations.

Why It Matters for Traders

The SpaceX IPO is a macro event. A $1.75 trillion debut reshapes index weightings, sector allocations, and risk appetite across equities. Any shifts in access or geopolitical friction ahead of pricing could move markets.

Watch Next

SpaceX has not commented. Watch for an official response on the access block, any updates on Asian investor participation, and IPO pricing timelines as the roadshow continues.

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