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JPMorgan Hosts SpaceX IPO Celebration at New Headquarters

Wall Street Journal Markets •
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JPMorgan Chase is playing host to SpaceX's IPO celebration at its gleaming new Midtown Manhattan headquarters, marking the culmination of what insiders call the biggest offering of all time. The Friday night bash on the 57th floor replaces traditional venues like Cipriani, signaling how the bank is leveraging its $3 billion tower to court high-profile clients.

The space-themed menu features branded tomahawk steaks and cocktails named after SpaceX rockets, including 'The Future is Public' and 'Falcon 9.' A 'carvery countdown' and 'dessert in the stars' round out the festivities, while the skyscraper's crown will illuminate rocket launches at dusk—a spectacle previously used for the Knicks and King Charles III celebrations.

Bret Johnsen and Gwynne Shotwell will mingle with Jamie Dimon and wealth management head Mary Erdoes, though Elon Musk won't attend after spending Friday at Starbase, Texas. The gathering underscores Wall Street's eagerness to maintain relationships with the aerospace giant as it transitions to public ownership.

JPMorgan's venue choice reflects how investment banks are transforming their physical spaces into marketing assets, turning 270 Park Avenue into a stage for major financial milestones rather than simply a workplace.