SpaceX has begun the process of selecting Wall Street banks to advise on a potential initial public offering, taking its most concrete steps yet toward a possible blockbuster listing.
Investment banks are scheduled to make initial pitches to SpaceX executives this week in a so-called bake-off to win advisory roles on the IPO, sources told The Wall Street Journal.
The rocket and satellite company told employees Friday that it is preparing for a possible public offering next year, according to the report.
Read more at Newsmax© 2025 Newsmax. All rights reserved.