The big acquisitions Jamie Dimon is rumored to be sizing after revealing $20B war chest JPMorgan is one of 23 banks working on the deal, with Goldman Sachs and Morgan Stanley serving as lead underwriters. Musk’s talk was light on details, Barron’s noted, and the tech guru largely stuck to the big-picture predictions for which he is famous. At Thursday’s confab, targeted at wealthy retail investors, those included “hotels on the moon,” according to Business Insider. At Thursday’s confab, targeted at wealthy retail investors, those included “hotels on the moon,” according to Business Insider. Above, a Falcon 9 SpaceX heavy rocket. AP Photo/John Raoux “I think it would be pretty cool if you could vacation on the moon,” Musk was quoted as saying. He also waxed eloquent about another major obsession, “terraforming” Mars so humans can live there, Business Insider reported. “If you warm up Mars, you could one day make Mars like Earth, meaning with liquid oceans and life, and where you could walk outside without a space suit or anything. Mars is a fixer-upper of a planet, but it’s got a lot of potential,” Musk said. Jamie Dimon’s JPMorgan is one of 23 banks working on the deal, with Goldman Sachs and Morgan Stanley serving as lead underwriters. Getty Images for America Business Forum SpaceX’s S-1 filing with the SEC in May included similarly grandiose predictions. It also noted the company has been burning cash – its launch and satellite businesses spent $8 billion in capital expenditures last year, while its AI business spent $12.7 billion. According to the filing, SpaceX made $18.6 billion in revenue in 2025, up 33% from a year earlier. But the company reported a net loss of $4.3 billion for the three months ended March 31.