SpaceX picks Goldman Sachs to lead record-breaking IPO, sources say
SpaceX has selected Goldman Sachs to lead its upcoming IPO, which is expected to be record-breaking. The company is preparing to publicly disclose its IPO prospectus after a confidential filing with the SEC. With a valuation of $1.25 trillion, SpaceX aims to enter the public market ahead of other AI leaders like OpenAI and Anthropic.
- ▪Goldman Sachs will lead SpaceX's IPO offering.
- ▪SpaceX was valued at $1.25 trillion after merging with xAI.
- ▪The company plans to disclose its IPO prospectus soon.
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SpaceX, which is getting set to publicly disclose its IPO prospectus, has picked Goldman Sachs to lead the offering, according to people familiar with the matter.Goldman will have the lead left position on the prospectus, followed by Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase, said the people, who asked not to be named due to confidentiality.Elon Musk's reusable rocket company is expected to make its prospectus public as soon as Wednesday after confidentially filing with the Securities and Exchange Commission last month.
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