SpaceX Selects Goldman Sachs for Landmark IPO, Sources Report

• Goldman Sachs will hold the lead left position on the prospectus, followed by Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase
• SpaceX confidentially filed with the SEC last month and could publicly release its prospectus as early as Wednesday
• The company's valuation reached $1.25 trillion after Musk merged SpaceX with his artificial intelligence startup xAI in February 2026

SpaceX Selects Goldman Sachs to Lead IPO in Record-Breaking Offering

SpaceX has chosen Goldman Sachs as the lead underwriter for its highly anticipated initial public offering, according to sources familiar with the matter. Goldman Sachs will hold the lead left position on the prospectus, with Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase following as additional underwriters.

Key Timeline and Valuation:

The company could publicly disclose its IPO prospectus as soon as Wednesday, having confidentially filed with the Securities and Exchange Commission last month. SpaceX was most recently valued at $1.25 trillion following Elon Musk's merger of the aerospace company with xAI, his artificial intelligence startup, in February 2026.

Market Implications:

This offering is expected to generate record proceeds, potentially ranking among the largest tech IPOs in history. Only two tech companies have previously achieved larger valuations at IPO, positioning this as a landmark transaction in the capital markets.

Company Background:

SpaceX, led by CEO Elon Musk, is known for its reusable rocket technology and has revolutionized the aerospace industry. The company's public market debut represents a significant opportunity for investors to gain exposure to the commercial space sector, which has seen substantial growth and innovation in recent years.

The involvement of five major investment banks signals the massive scale of the offering and strong institutional interest. The IPO will provide crucial liquidity and capital for SpaceX's continued expansion while giving public market investors access to one of the most prominent private companies in the technology and aerospace sectors.