JPMorgan Chase lands in Monterrey after a week of SpaceX IPO preparations

JPMorgan Chase flew from Teterboro to Monterrey on June 9, landing at Monterrey International Airport after a short hop from New York. The Gulfstream G650ER, tail N661CH, made the trip as the bank's leadership navigated a busy stretch of domestic and international business.

The same week, CEO Jamie Dimon hosted a live interactive discussion from JPMorgan Chase's new headquarters at 270 Park Avenue to pitch the upcoming SpaceX initial public offering to thousands of the bank's wealthiest clients, per a Bloomberg report on June 4. The event, simulcast to about 90 JPMorgan locations across 26 states, featured Dimon, wealth management chief Mary Callahan Erdoes, and SpaceX executives Gwynne Shotwell and Bret Johnsen. The IPO aims to raise $75 billion at a valuation of about $1.75 trillion.

The Monterrey arrival follows a pattern of globe-hopping by N661CH: earlier in the week it flew from Teterboro to Mexico City, then to Monterrey, and back to Teterboro on June 8. The return to Mexico suggests a targeted swing through the region amid the bank's $4 trillion asset empire and Dimon's mandated secure travel.