00:00JP Morgan CEO Jamie Dimon getting ready to host a live interactive discussion today to pitch SpaceX's upcoming IPO with
00:09high net worth clients with thousands of them. Joining us now is Bloomberg's Benedict Camel. And Benny, this is to
00:15me fascinating on so many levels. He's probably the most respected bank CEO in the world. He's going to talk
00:24directly to thousands of his own private wealth clients to sell these shares, even though JP Morgan's not
00:29on the lead left. Goldman Sachs and Morgan Stanley are running this IPO. Yeah, you're right. But this gives you
00:36a sense of just how everyone is scrambling to get a piece of this pie. And it's a huge pie.
00:40We got the we got the price yesterday. One hundred and thirty five dollars. The listing 75 billion. Retail investors
00:47obviously will be allocated a fair size of this. We're hearing about 30 percent, which is above what would normally
00:53be allocated to retail investors. So this is an important part of the story. And Jamie Dimon obviously trying to
00:59sort of
00:59play an important role in this. As you said, they're not the lead bank on this. That's a glory that
01:05went to Morgan Stanley and to Goldman Sachs, importantly. But yet again, you know, this is such a big story
01:12that everyone wants to be part of this. And clearly Jamie Dimon wants to be part of that as well.
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