SpaceX Prepares for Potentially Largest IPO with Major Wall Street Banks

SpaceX, the rocket manufacturing company led by Elon Musk, is reportedly preparing for a 'super' IPO, according to Odaily. The anticipated public offering is expected to be one of the largest in history. Sources indicate that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been selected as the lead underwriters for the IPO, tasked with overseeing the listing process. SpaceX executives have engaged in discussions with several investment banks in recent weeks, gearing up for a potential IPO launch as early as this year. Currently, SpaceX is conducting a round of secondary stock sales, valuing the company at approximately $800 billion. Insiders also suggest that additional banks may secure underwriting roles in the IPO, though arrangements are not yet finalized and could change.