SpaceX lines up four Wall Street banks for mega 2026 IPO, source says

Elon Musk’s space ​startup SpaceX is lining up four Wall Street banks for ‌leading roles on a potential initial public offering that could rank among the largest market debuts ever, according to a person familiar with the matter.

Bank of America (BAC.N), opens new tab, Goldman Sachs (GS.N), opens new tab, JPMorgan Chase (JPM.N), opens new tab and Morgan Stanley (MS.N), opens new tab are ‌being considered for senior roles leading the IPO, the ​person said, cautioning that the company’s plans are subject to market conditions and could change.

The company has ‍also opened a secondary share sale that could value the company at $800 billion, Reuters reported ‌last ‌month.
SpaceX’s preparations come as markets brace for a year of potentially mega U.S. listings, with artificial intelligence firms Anthropic and OpenAI also laying early groundwork for potential IPOs.
Reuters had reported in December that SpaceX ⁠was seeking to ⁠raise more ​than $25 billion through an IPO that could come this year, potentially making it one of the biggest public listings ever globally.

The Financial Times on Thursday was the ‍first to report that Bank of America is a contender for a key role in the offering.
Morgan Stanley, Bank of America, Goldman Sachs and JPMorgan Chase ​declined to comment. SpaceX did not ‍immediately respond to a request for comment.