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how much did jp morgan lose on spacex ipo

JP Morgan was a bookrunner on the SpaceX IPO, but I couldn’t verify any reported loss tied specifically to it from the available sources. What the public reporting does show is that SpaceX priced its IPO at $135 a share, raised about $75 billion, and debuted above that price on trading day one, which would not suggest an obvious underwriting loss from the offering itself.

What’s known

  • SpaceX sold 555.6 million shares at $135 each, raising about $75 billion.
  • The stock opened around $150 and later traded near $160, above the offer price.
  • J.P. Morgan was listed among the banks backing the deal, alongside Goldman Sachs, Morgan Stanley, Bank of America, and Citigroup.

What isn’t confirmed

  • I did not find a source saying J.P. Morgan “lost” a specific amount on the SpaceX IPO.
  • IPO bank economics usually come from fees and trading dynamics, not a simple headline loss figure, and the sources here don’t provide a bank-by-bank P&L.

Practical read

  • If you saw a post claiming JPM “lost money,” it may be referring to a trading book, hedging position, or a rumor rather than the underwriting fee itself.
  • Based on the reporting available here, the safer answer is: no verified public figure shows J.P. Morgan lost money on the SpaceX IPO.

TL;DR: there’s no verified public number showing JPMorgan lost on the SpaceX IPO; the deal appears to have priced and traded above the offer price, while JPM was one of the bookrunners.