SpaceX picks Goldman Sachs for lead left position on record-breaking IPO, sources say

Key points

• Tesla and SpaceX CEO Elon Musk attends a state banquet for President Donald Trump and China's President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. SpaceX, which is getting set to publicly disclose its IPO prospectus, has picked Goldman Sachs to lead what's likely to be a record offering, according to people familiar with the matter.
• Goldman will have the lead left position on the prospectus, followed by Morgan Stanley, and then Bank of America, Citigroup and JPMorgan Chase, said the people, who asked not to be named due to confidentiality.
• Elon Musk's reusable rocket company could make its prospectus public as soon as Wednesday after confidentially filing with the Securities and Exchange Commission last month.
• The offering is expected to bring in a record sum as SpaceX was most recently valued at $1.25 trillion by Musk, when he merged the company with...