Tesla and SpaceX CEO Elon Musk attends a state dinner between President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026.
Brendan Smialowski AFP | Getty Images
SpaceX, which is preparing to release its IPO prospectus, has chosen: goldman sachs The company will likely lead a record product offering, according to people familiar with the matter.
Goldman takes the lead position on the left on the prospectus and will be next in line. morgan stanleyafter that bank of america, citygroup and JP Morgan Chasesaid the people, who requested anonymity to maintain confidentiality.
Elon Musk’s reusable rocket company could release its prospectus as early as Wednesday, after filing a confidential filing with the Securities and Exchange Commission last month. SpaceX was recently valued at $1.25 trillion when Musk merged the company with artificial intelligence startup xAI in February, and the deal is expected to bring in a record sum.
SpaceX did not respond to a request for comment.
Only two technology companies — facebook and alibaba — As of its first day of trading on U.S. exchanges, its value has reached $100 billion. AI chip manufacturer cerebrum went public on the Nasdaq last week, closing with a market cap of about $95 billion, setting the stage for what could be a year of mega-IPOs related to AI trading.
SpaceX is aiming to enter the public market ahead of AI model leaders OpenAI and Anthropic, valued by private investors at nearly $1 trillion each. These companies aim to go public as early as this year.
For Musk, the long-awaited prospectus is expected to be released just days after he suffered a painful defeat in court against OpenAI and its CEO Sam Altman. Musk sued Altman in 2024, accusing him of breaking his promise to keep OpenAI, which Musk helped launch nine years ago, as a nonprofit organization.
An advisory jury in Oakland, California, said Monday that Musk took too long to sue OpenAI and Altman over the allegations, and District Court Judge Yvonne Gonzalez Rogers immediately adopted the verdict. Musk called the decision a “calendar technicality” and vowed to appeal.
Musk last took a company public in 2010. tesla Once listed on the Nasdaq market, Goldman led the offering as well, followed by Morgan Stanley, JPMorgan, and Deutsche Bank.
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