SpaceX IPO: Goldman Sachs Leads $1.25 Trillion Offering Effort

SpaceX has selected Goldman Sachs to lead its IPO, which is projected to be a record-breaking offering, as the company was recently valued at $1.25 trillion. Other firms involved include Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase. The IPO prospectus could be released as soon as Wednesday following SpaceX's confidential SEC filing last month. The move comes as major AI companies like OpenAI and Anthropic also eye public listings, with valuations close to $1 trillion, setting the stage for significant activity in the IPO market. The last IPO Musk was involved in was Tesla (TSLA) in 2010.