It is reported that under Musk, SpaceX is in talks with non-US banks to expand its IPO underwriting team.
Insiders say that SpaceX has held talks with banks outside the United States regarding its initial public offering. The rocket and satellite manufacturer under the leadership of Elon Musk is aiming to go public this year, with a tight schedule. Insiders say that in mid-January, foreign banks held underwriting competitions at SpaceX's office in California, with one group composed of European banks and another group from other regions. These discussions were aimed at supplementing the primary underwriting institutions for the IPO, and took place on Monday before SpaceX announced it would acquire Musk's AI company xAI. Some insiders say that bankers were encouraged to explain why their company's position in their respective regions is important. Prior to these banks competing, SpaceX had already interviewed major Wall Street banks. Insiders had previously indicated that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley were the four leading underwriters for SpaceX's IPO.
Latest

