SpaceX Taps Four Wall Street Banks for Potential IPO, FT Reports

SpaceX is preparing for a potential initial public offering by engaging Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley to lead the process, according to a Financial Times report citing sources familiar with the matter. The move signals progress in the company's long-anticipated IPO plans. While no final decisions have been made, Morgan Stanley has emerged as a leading contender due to its close relationship with Elon Musk. Other investment banks are also expected to participate in the listing, though details remain fluid. SpaceX, one of the world’s largest private companies, would face a complex IPO given its scale and global operations. The company and the banks involved did not immediately respond to requests for comment. This development follows earlier reports indicating Morgan Stanley’s growing role in the process.