# J.P. Morgan

Type: Company (JPM)

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/jp-morgan-company
Canonical HTML page: https://getstartupbrief.com/entity/jp-morgan-company

## Timeline

- **2026-07-23**: Stock price divergence — SpaceX closes at $168 (market cap $2.3T) while Tesla rises to $357 (market cap $2.1T). The implied dilution for a SpaceX acquisition of Tesla jumps from 57% to 91%.
- **2026-07-22**: Tesla Q2 earnings call — Musk declines to directly discuss a merger but touts increasing overlap, including Starlink in Tesla cars and the Digital Optimus robot project. Shares react to the speculation.
- **2026-07-16**: All-time high for SpaceX — SpaceX stock closes at $211, its highest level since the IPO, pushing market capitalization to $2.8 trillion. Tesla’s market cap stands at $1.6 trillion.
- **2026-07-07**: Index Inclusion Effective — SpaceX officially becomes a constituent of the Nasdaq 100, triggering passive fund rebalancing.
- **2026-06-26**: Nasdaq 100 Inclusion Confirmed — Nasdaq announces that SpaceX will be added to the Nasdaq 100 index.
- **2026-06-12**: SpaceX Public Debut — SpaceX begins trading on Nasdaq after its highly anticipated IPO.
- **2026-06-12**: SpaceX IPO — SpaceX goes public at $135 per share, raising billions and setting an opening valuation near $1.7 trillion. Underwriters include Goldman Sachs, Morgan Stanley, and J.P. Morgan.
- **2026-03-12**: NYSE Debut — MDA Space begins trading on the New York Stock Exchange, marking its entry into U.S. capital markets.
- **2026-03-11**: Pricing Finalized — The offering is priced at $30.50 per share, at the mid-to-high end of the expected range.
- **2026-03-10**: IPO Launch — MDA Space officially launches its U.S. initial public offering seeking $300 million.

## Recent coverage (3 stories)

### How a $2.8T startup lost its M&A window: SpaceX’s dilution lesson
2026-08-01 13:14:17 · Sentiment: Bearish · Impact: 6/10 · Sources: 2

SpaceX’s post-IPO stock volatility offers a stark masterclass for startup founders: even the world’s most valuable private company can see its acquisition currency evaporate in days. The 34-percentage-point jump in dilution shows why timing M&A around stock peaks is both an art and a science, and why locked-in valuations are vital. For founders eyeing strategic acquisitions, the SpaceX story underscores the peril of assuming today’s high-flying stock will be tomorrow’s currency.
Full story: https://getstartupbrief.com/story/spacex-startup-ma-window-loss

### SpaceX IPO Nets Index Fast-Track, Set to Draw $4.3B in Passive Flows
2026-07-06 02:24:00 · Sentiment: Very Bullish · Impact: 8/10 · Sources: 9

SpaceX's journey from private behemoth to Nasdaq 100 constituent in less than a month sets a powerful precedent for VC-backed companies eyeing public markets, as billions in passive funds await those that can navigate the newly relaxed index rules.
Full story: https://getstartupbrief.com/story/spacex-startups-nasdaq-100-fast-track

### MDA Space Debuts on NYSE, Raising $300M to Fuel Global Expansion
2026-03-12 17:36:19 · Sentiment: Bullish · Impact: 6/10 · Sources: 2

Canadian space technology leader MDA Space has officially listed on the New York Stock Exchange, raising $300 million at a price of $30.50 per share. The move provides the robotics and satellite pioneer with deep-market liquidity to scale its commercial infrastructure and deep-space exploration projects.
Full story: https://getstartupbrief.com/story/mda-space-nyse-ipo-analysis

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This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getstartupbrief.com/guides/methodology for the full editorial methodology.