SpaceX Recruiting Four Wall Street Investment Banks For IPO, Report Says

Core Insights - SpaceX is preparing for a potential initial public offering (IPO) that could be one of the largest in history, with a projected valuation of $1.5 trillion [1][2] - The company is currently valued at $800 billion based on existing share sales, as reported by multiple sources [2] Group 1: IPO Details - Four major Wall Street banks, including Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley, are reportedly leading the IPO efforts [1] - The IPO could occur in 2026, according to investor insights, which may significantly increase the wealth of CEO Elon Musk [2] Group 2: Historical Context - The largest IPO to date was Saudi Aramco's in December 2019, which raised approximately $29 billion and valued the company at $2.03 trillion [3] Group 3: Future Aspirations - Elon Musk expressed ambitious goals for SpaceX, including advancing rocket technology for human exploration of the Moon and Mars, during a recent appearance at the World Economic Forum [4]