SpaceX is preparing an initial public offering targeting $75 billion, which would surpass Saudi Aramco's 2019 record for the largest IPO [1]. The offering is expected to value SpaceX at over $1.75 trillion, placing it among the most valuable companies globally upon listing [1].
Goldman Sachs and Morgan Stanley will lead underwriting efforts for the IPO, with Goldman Sachs serving as the lead-left bookrunner [2, 1]. This deal marks a major event for Wall Street investment banks, promising substantial fees and prestige as they handle one of the largest public offerings in history [2, 1].
Ahead of the offering, both banks have showcased their commitment: Morgan Stanley decorated its lobby with SpaceX logos and a mural depicting Mars, while Goldman Sachs displayed renderings of SpaceX's Starship spacecraft in its headquarters [1]. These displays underscore the excitement surrounding the deal and its technological significance.
The planned IPO is currently in the preparatory phase, with notable promotional activities beginning in early June 2026. On June 3, both Goldman Sachs and Morgan Stanley unveiled their SpaceX-themed lobby decor, signaling their lead roles in the upcoming offering [1].
No official IPO date has been announced yet, but both banks are actively positioning themselves ahead of what could be the largest fundraising event on U.S. capital markets in recent years.
