Insider: SpaceX partners with 21 banks to prepare for IPO

MeNews · 2026-04-05T05:50:55+00:00

SpaceX is preparing for its IPO, valued at $1.75 trillion, expected to take place in June. The underwriting syndicate includes 21 banks, the largest scale in recent years. Morgan Stanley, Goldman Sachs, and other major banks serve as lead managers, highlighting the project's complexity and significance.

MeNews

2026-04-05 05:50:55

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ME News message, on April 1 (UTC+8), insiders disclosed Tuesday that SpaceX is working with at least 21 banks to prepare for its highly anticipated IPO, one of the largest underwriting syndicates in recent years. The IPO’s internal codename is “Apex,” expected to take place in June, with a valuation of $1.75 trillion, poised to become one of Wall Street’s most watched debut offerings on the stock market. The insiders said that Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup serve as active bookrunners—i.e., the banks leading the transaction. They added that 16 other banks have also signed on to take on smaller roles. About half of these banks had not previously been reported. The size of the underwriting syndicate underscores the scale and complexity of the proposed offering. (Jin 10) (Source: ODAILY)

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