SpaceX Finalizes Wall Street Banks for Potential IPO, Could Be Largest Ever - BAC, JPM, GS, MS

SpaceX is advancing plans for an initial public offering, having selected Bank of America (BAC-US), JPMorgan Chase (JPM-US), Goldman Sachs (GS-US), and Morgan Stanley (MS-US) as lead underwriters, potentially making the deal one of the largest IPOs in history. The company has not confirmed the move, but sources indicate talks are ongoing with additional banks to join the syndicate. The IPO could raise hundreds of billions of dollars, valuing SpaceX at approximately $1.5 trillion—surpassing Saudi Aramco’s 2019 record of $29 billion. Internal share transfers last December suggested a valuation of $800 billion. Employees have been placed under a quiet period ahead of potential listing. While Morgan Stanley is seen as a front-runner due to its longstanding ties with Elon Musk, the timeline remains subject to market conditions. The announcement comes amid growing speculation over major tech IPOs, including OpenAI and Anthropic, signaling heightened investor interest in AI and space ventures.