Morgan Stanley Banker to Lead Potential $100B SpaceX IPO
A Morgan Stanley managing director who led Musk’s Tesla and Twitter listings is set to oversee the SpaceX IPO. The offering, potentially topping $100 billion, would rank as the largest U.S. IPO of 2026 and generate hundreds of millions in underwriting fees for Morgan Stanley.
1. Lead Banker Appointment
Morgan Stanley has assigned a managing director with a track record on Tesla and Twitter listings to lead Elon Musk’s SpaceX IPO, reestablishing its relationship with the billionaire entrepreneur.
2. Deal Size and Revenue Potential
The offering is expected to exceed $100 billion in valuation, positioning it as the largest U.S. IPO of 2026 and securing Morgan Stanley hundreds of millions of dollars in underwriting fees.
3. Strategic Positioning
Securing the lead role on SpaceX’s listing reinforces Morgan Stanley’s status among tech IPO powerhouses and could catalyze further mandates in the space and technology sectors.
4. Anticipated Timeline
Bookbuilding for the deal is projected to begin in mid-2026 with a potential pricing window in the third quarter, subject to market conditions and regulatory approvals.