Goldman Sachs To Earn $500M From SpaceX’s $75B IPO With $1.8T Valuation
GS•Goldman Sachs is leading the planned $75B SpaceX IPO alongside Morgan Stanley and others, set to earn roughly $500M in underwriting fees on a $1.8T valuation deal. CEO Solomon says demand can absorb SpaceX, OpenAI and Anthropic IPOs, while Goldman backs New York’s $22B plan to build 200,000 affordable homes.
1. Goldman Leads SpaceX IPO
Goldman Sachs is leading a $75 billion SpaceX IPO, managing sale of 555.6 million shares at $135 apiece alongside Morgan Stanley, Bank of America, Citigroup and JPMorgan, and stands to earn about $500 million in underwriting fees on a deal valuing SpaceX near $1.8 trillion.
2. CEO Solomon Bullish on IPO Pipeline
CEO Solomon says strong demand can absorb upcoming mega-IPOs from SpaceX, OpenAI and Anthropic, positioning Goldman to benefit from a resurgence in high-profile technology and AI listings.
3. Advocacy on New York Housing
Solomon and Bank of America’s Brian Moynihan have urged New York’s mayor to streamline permitting, with Goldman Sachs backing a $22 billion plan to build 200,000 new affordable homes and preserve another 200,000 units over the next decade.
