SpaceX Lines Up Bank of America, Goldman Sachs, JPMorgan, Morgan Stanley for IPO - FT

SpaceX has selected four major banks—Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley—to lead its initial public offering, according to the Financial Times, as the company advances plans for what could be the largest IPO in history. The offering, potentially as early as 2026, aims to raise more than $30 billion and value SpaceX at approximately $1.5 trillion, based on sources familiar with the process. The company previously conducted an insider share sale in December 2025 valuing it at about $800 billion. Additional investment banks may join the syndicate, though no final decisions have been made. SpaceX and the banks declined to comment. The company informed employees in December 2025 that it had entered a quiet period ahead of the listing, restricting public discussion of the IPO. The move signals significant progress toward a public debut after years of private funding.