Goldman Sachs Accepts Under 1% of Interns; SpaceX IPO $75B Offering Oversubscribed
GS•Goldman Sachs accepted fewer than one in 100 applicants for its 2026 summer internship, selecting 2,500 students from over 500 universities worldwide, including 90 nationalities. The firm also participated as a lead underwriter on SpaceX’s $75 billion IPO, which drew multiple times demand for 555.6 million shares priced at $135.
1. Internship Selectivity Surges
Goldman Sachs received hundreds of thousands of applications for its 2026 summer program and accepted fewer than 1%, marking the third consecutive year at this level. The 2,500 interns hail from over 500 universities, cover 90 nationalities, and include high-level athletes, musicians and nonprofit founders, reflecting a broadened recruiting focus.
2. SpaceX IPO Oversubscription
Goldman Sachs served as a lead underwriter on SpaceX’s planned offering of 555.6 million shares at $135 each, targeting $75 billion in gross proceeds. Institutional orders reportedly amounted to multiple times the shares available, with some investors placing bids exceeding $10 billion apiece.
