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Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO roadshow—and even invited Musk’s mom
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Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO roadshow—and even invited Musk’s mom

Fortune · Jun 5, 2026, 5:20 PM · Also reported by 4 other sources

As Elon Musk prepares for what will likely be the biggest listing in history, some top-tier bankers assisting with Space X’s public debut are lining up to sing Musk’s praises ahead of the big day. Space X is targeting a price of $135 per share when the company goes public—which could happen as early as next week. Such pricing could raise a record-setting $75 billion, and potentially turn Musk into the world’s very first trillionaire. A successful IPO would also likely be very good business for the legion of banks gearing their investors up for a potentially blockbuster series of public listings through the rest of the year. And one unlikely ally on his side is JPMorgan Chase CEO Jamie Dimon, who, despite their public feud years ago, is now singing Musk’s praises. “Elon is the Edison of our time,” Dimon said during a virtual interview with Musk Thursday, part of a roadshow event hosted by the bank at its Manhattan headquarters and attended by several thousands of the bank’s high-net-worth clients. “It’s been an extraordinary 24 years watching Elon grow over time, and now making a massive leap into the future,” Dimon told Musk during the event. The interview opened with an in-person special guest appearance from his mother, Maye Musk, who similarly lavished praise on her son’s seemingly prodigal vision for the future as a child. “When you were three years old and I told people, ‘I have a genius son,’ they would roll their eyes,” she said. “When you said you wanted to start with rockets, then I rolled my eyes. And then, you did it.” A congratulatory introduction from his mother is one thing, but Dimon’s words might have surprised Musk just a few years ago. The pair were involved in a well-publicized feud over the past few years—which included a $162 million lawsuit filed by JPMorgan against Tesla, Musk’s electric car company, in 2021 over an alleged contract breach regarding stock warrants. The bank dropped its lawsuit last year. But Dimon started putting on a charm offe

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