SpaceX has reached agreements with four banks to prepare for a "super" IPO
On January 23, 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 said that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been arranged to serve as the lead underwriters for this IPO, responsible for leading 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 round of secondary stock sales, valuing the company at approximately $800 billion. Sources also indicated that other investment banks are likely to secure underwriting roles in this listing, but emphasized that arrangements are not yet finalized and the situation may still change.
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SpaceX has reached agreements with four banks to prepare for a "super" IPO
On January 23, 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 said that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been arranged to serve as the lead underwriters for this IPO, responsible for leading 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 round of secondary stock sales, valuing the company at approximately $800 billion. Sources also indicated that other investment banks are likely to secure underwriting roles in this listing, but emphasized that arrangements are not yet finalized and the situation may still change.