Insiders: SpaceX Partners with 21 Banks for IPO Preparation

AirdropBlackHole · 2026-04-01T00:45:33+00:00

SpaceX is preparing for a major IPO, code-named 'Apex', scheduled for June, with a valuation of $1.75 trillion. At least 21 banks, including major firms like Morgan Stanley and Goldman Sachs, are involved in the underwriting process.

AirdropBlackHole

2026-04-01 00:45:33

Abstract generation in progress

On April 1, insiders revealed that SpaceX is collaborating with at least 21 banks to prepare for its significant IPO, which is one of the largest underwriting syndicates in recent years. The internal code name for this IPO is ‘Apex’, and it is expected to take place in June, with a valuation reaching $1.75 trillion, making it one of Wall Street’s most anticipated stock market debuts. Insiders stated that Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup are serving as active book managers, leading the transaction. They added that another 16 banks have signed on for smaller roles, with about half of these banks previously unreported. The size of the underwriting syndicate highlights the scale and complexity of the proposed issuance plan.

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