Inside Jamie Dimon’s Surprising New Plan to Pitch Elon Musk’s Historic SpaceX IPO to Thousands of Wealthy Clients

JPMorgan once sued Tesla, but is now helping hype up SpaceX, which could secure a nearly $2 trillion valuation next week and make Musk the world’s first trillionaire.

BY BRIAN CONTRERAS, STAFF WRITER @_B_CONTRERAS_

Jamie Dimon. Photo: Getty Images

Only a few years ago, Jamie Dimon and Elon Musk were at each other’s throats. Dimon’s bank, JPMorgan Chase, first sued Musk’s electric car company Tesla in 2021, alleging a breach of contract related to Musk’s infamous “funding secured” tweet. Dimon’s claim for more than $150 million in damages was met in early 2023 by a Tesla counter-suit; tensions between the two companies were high.

But in late 2024, the dueling suits were both dropped—and now, with a........

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