SpaceX’s IPO Seeks $75 Billion at Over $2 Trillion Valuation Led by Goldman Sachs

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Goldman Sachs has secured the lead underwriter role on SpaceX’s planned IPO, which could target $75 billion in proceeds at a valuation exceeding $2 trillion. The offering would eclipse Saudi Aramco’s $29.4 billion debut, positioning GS’s fee haul among the largest in history and highlighting demand for mega-scale space and AI listings.

1. Lead Underwriter Appointment

Goldman Sachs has secured the top role on the cover of SpaceX’s IPO, positioning it as the primary coordinator on a deal that could become the largest public listing ever.

2. IPO Size and Valuation

The offering aims to raise up to $75 billion while valuing SpaceX above $2 trillion, far exceeding the $29.4 billion raised by Saudi Aramco in 2019.

3. Syndicate and Fee Implications

Morgan Stanley joins as co-lead, with Bank of America, Citigroup and JPMorgan listed alphabetically, setting up a historic fee pool that rewards major banks for mega-capital markets activity.

4. Market and Investor Significance

A successful debut would signal robust appetite for space and AI ventures, potentially reshaping valuations of private technology and aerospace firms ahead of other unicorn listings.

Sources

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