Morgan Stanley Teams on SpaceX $2K Minimum IPO Access and $1.68B Quantinuum Deal
MS•Morgan Stanley is among the lead underwriters on SpaceX's upcoming IPO, which will allow Fidelity customers to participate with just $2,000 in their accounts. The bank also helped syndicate Quantinuum’s $1.68 billion upsized IPO, whose shares opened 13% above the $60 offer price.
1. Lead Underwriting Role in SpaceX IPO
Morgan Stanley is serving as one of the primary underwriters for SpaceX’s forthcoming public offering. Fidelity has agreed to let retail clients with at least $2,000 in their accounts participate, broadening access to what is expected to be a high-demand deal led by major investment banks.
2. Quantinuum’s $1.68B Upsized Offering Performance
Morgan Stanley helped syndicate Quantinuum’s $1.68 billion upsized IPO, where shares opened at $68, 13% above the $60 listing price. The strong debut reflects robust investor appetite for quantum computing names, positioning Morgan Stanley to collect substantial underwriting fees on a deal that drew more than 20 times subscription demand.
