@timmy23.base.eth
According to the Financial Times of the UK, Elon Musk's rocket manufacturer SpaceX is seeking Wall Street investment banks for a
"super" IPO, which is expected to become one of the largest IPOs in history.
People familiar with the matter said that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been lined up as lead underwriters for this IPO to spearhead the listing process. In recent weeks, SpaceX executives have held talks with multiple investment banks as the company prepares for a potential IPO as early as this year.
Currently, SpaceX is completing a secondary share sale transaction, valuing the company at approximately $800 billion. The sources also noted that other investment banks are likely to secure underwriting roles in this listing, but emphasized that arrangements have not yet been finalized and could still change. (Kitco)