From rockets to Wall Street, Elon Musk has truly landed on the financial moon this time.

CryptoWorld News: Goldman Sachs has been selected as the lead underwriter for SpaceX's record-breaking IPO, expected to receive the largest share of underwriting fees, approximately $500 million. According to the prospectus submitted by SpaceX, the company's valuation in the most recent funding round has reached $1.25 trillion. This IPO is expected to become the largest in history, at least twice the size of Alibaba's $25 billion IPO in 2014. Goldman Sachs will hold the highly significant position of "left-side lead underwriter" in the IPO prospectus, expected to lead the final share allocation, pricing, and valuation. Renaissance Capital senior IPO strategist Matt Kennedy said that executing such a large-scale deal can be quite complex but also extremely profitable.