TLDR
- SpaceX has selected Goldman Sachs to take the lead left role in its planned IPO prospectus.
- Morgan Stanley is expected to follow Goldman, with Bank of America, Citigroup and JPMorgan Chase also taking on senior underwriting roles.
- SpaceX could publicly unveil its IPO prospectus as soon as this week after filing confidentially with the Securities and Exchange Commission.
- The company is reportedly targeting a Nasdaq debut as early as June 12, 2026, under the expected ticker symbol SPCX.
- SpaceX may seek to raise as much as $75 billion at a valuation of about $1.75 trillion, making it the largest initial public offering in history.
SpaceX has chosen Goldman Sachs to take the lead left position in its planned initial public offering, according to people familiar with the matter. The role puts Goldman at the head of the underwriting group in what could become the largest initial public offering ever completed on a public exchange.
Morgan Stanley is expected to appear next in the prospectus, followed by Bank of America, Citigroup and JPMorgan Chase. The group is giving SpaceX broad exposure on Wall Street as the company prepares to release its public filing after filing confidential documents with the U.S. Securities and Exchange Commission last month.
The rocket and satellite company led by Elon Musk could publicly disclose its information Subscription prospectus As soon as Wednesday. The filing is expected to provide investors with the clearest overview yet of SpaceX’s revenue, launch business, Starlink operations, capital spending and long-term financial health.
Goldman Sachs takes lead role in SpaceX IPO
Goldman Sachs is expected to fill the lead underwriting position, known as the left lead. The title usually goes to the bank, which plays the most prominent role in managing the IPO, coordinating investor demand and helping to set pricing.
BREAKING: SpaceX has tapped Goldman Sachs to lead its record-breaking IPO, according to CNBC.
Morgan Stanley, Bank of America, Citigroup, and JP Morgan will also be working on the IPO.
SpaceX could publicly unveil its prospectus on Wednesday. pic.twitter.com/dq9LzlgB5f
– Al Qubaisi Letter (@KobeissiLetter) May 19, 2026
Morgan Stanley is also expected to serve as the lead bank for the offering. Bank of America, Citigroup and JPMorgan Chase are set to join the first group, while additional banks are expected to take on smaller roles covering institutional, retail and international demand.
The selection of Goldman adds a familiar name to Musk’s history in the public market. Goldman also led Tesla’s IPO in 2010, and Morgan Stanley and JPMorgan were among the banks included in that deal. Tesla’s market debut remains Musk’s latest major public listing ahead of SpaceX’s planned offering.
SpaceX targets historic Nasdaq listing
SpaceX is reportedly targeting a Nasdaq listing As early as June 12, 2026, under the expected ticker symbol SPCX. Investor roadshows are expected to begin on June 4, with IPO pricing planned for June 11, according to the proposed timeline.
The company is said to be aiming to raise up to $75 billion at a valuation approaching $1.75 trillion. If completed at this level, SpaceX’s IPO would be the largest stock market flotation in history.
The target valuation would represent an upside from the $1.25 trillion valuation associated with Musk’s February merger of SpaceX and xAI, his artificial intelligence startup. This figure has already placed the company among the most valuable private companies in the world.
Only a few technology companies have reached valuations of more than $100 billion soon after listing on US stock exchanges. Facebook and Alibaba were among the rare companies that surpassed this level after starting public trading. The current IPO market has also been supported by renewed demand from investors for large companies related to technology and artificial intelligence.
A prospectus may provide investors with basic financial details
The planned rollout is expected to attract close attention because SpaceX has remained a private company while building large businesses in launch services, satellite Internet and government contracts. General investors will likely be examining Starlink’s subscriber trends, launch margins, debt levels and research spending.
SpaceX has become a major provider of reusable rocket launches and satellite-based broadband services. Its Starlink network has expanded across multiple markets, while the company continues to secure commercial and government launch contracts.
The IPO also comes at a time when other major private technology companies are considering a public listing. OpenAI and Anthropic It has been valued at nearly $1 trillion by private investors, and is also seen as a potential candidate in the public market.
