SpaceX Has Reached Agreements with Four Banks in Preparation for "Super IPO"

Odaily News According to the Financial Times, Elon Musk's rocket manufacturer SpaceX is seeking Wall Street investment banks for a "super" IPO, which is expected to be one of the largest IPOs in history. Sources familiar with the matter revealed that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been appointed as the lead underwriters for this IPO, responsible for managing the listing process. SpaceX executives have held meetings with multiple investment banks in recent weeks, as the company prepares for an IPO that could potentially launch as early as this year. Currently, SpaceX is conducting a secondary share sale transaction, valuing the company at approximately $800 billion. Sources also indicated that other investment banks are likely to secure underwriting roles in this listing, but they emphasized that the arrangements have not been finalized and the situation could still change. (Jin10)