Underwriting preparations begin for SpaceX's historic IPO

SpaceX is beginning to move significantly toward a historic IPO. The rocket manufacturing giant led by Elon Musk has been in discussions with multiple major investment banks and has entered the stage of full-scale preparation for going public. According to information leaked from the financial industry, this underwriting arrangement is expected to be extremely large-scale, potentially becoming a rare case in the investment banking industry.

Four Major Wall Street Banks Selected as Lead Underwriters

It has been revealed that some of the largest banks on Wall Street will participate in the underwriting process for SpaceX’s IPO. Bank of America, Goldman Sachs, JP Morgan Chase, and Morgan Stanley have been designated as the lead underwriters. These major financial institutions are expected to play critical roles in approval applications, pricing, and sales strategies at each stage of the IPO.

Recently, the company’s management has held intensive discussions with these investment banks and is working on a concrete schedule to realize the listing within 2026. Industry insiders suggest that additional banks may join as underwriting partners, but no final decision has been made at this time.

Building an Underwriting System at an $800 Billion Valuation

SpaceX’s current corporate valuation is approximately $800 billion, and an underwriting process of this scale is considered extremely significant in the financial markets. The company is currently conducting a secondary stock sale round, and this pre-IPO capital raising activity forms the foundation for its listing preparations.

Participating in this massive underwriting project is strategically important for investment banks both in terms of fee revenue and overall strategic value. This is why major players on Wall Street are eager to participate. Attention is now focused on future developments.