--- title: "Elon Musk's SpaceX Picks Goldman Sachs To Lead What Could Be The Biggest IPO Ever: Report" type: "News" locale: "en" url: "https://longbridge.com/en/news/287012903.md" description: "SpaceX has chosen Goldman Sachs as the lead underwriter for its upcoming IPO, with Morgan Stanley also involved. The IPO aims to raise over $75 billion, potentially making it one of the largest ever. BlackRock is considering a significant investment, while concerns have been raised about SpaceX's dual-class share structure and CEO compensation packages. The IPO prospectus is expected to be released soon." datetime: "2026-05-20T05:42:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287012903.md) - [en](https://longbridge.com/en/news/287012903.md) - [zh-HK](https://longbridge.com/zh-HK/news/287012903.md) --- # Elon Musk's SpaceX Picks Goldman Sachs To Lead What Could Be The Biggest IPO Ever: Report **Elon Musk**\-led **SpaceX** has reportedly selected investment bank **Goldman Sachs Group Inc.** (NYSE:GS) as the lead underwriter for the commercial space flight company’s upcoming IPO. ## Goldman Sachs Secures Key Position On Tuesday, Reuters reported that Goldman was selected as the bank to lead the IPO, citing anonymous sources familiar with the matter. The report also said that both Goldman and investment bank **Morgan Stanley** (NYSE:MS) would be leading the IPO. **Read Also: The 'Elon Musk Effect' Could Send SpaceX Stock Into Wild Swings After IPO Even If Starlink Makes 'Billions' In Profit, Warns Expert** **Bank of America** **Corp** (NYSE:BAC), **Citigroup Inc.** (NYSE:C) and **JPMorgan Chase & Co.** (NYSE:JPM) are also among the leaders in the IPO, the report said, adding that SpaceX could release its IPO prospectus on Wednesday. _SpaceX and Goldman Sachs didn’t immediately respond to Benzinga‘s request for comment._ ## BlackRock On SpaceX IPO The IPO, which is touted to be among the largest initial public offerings of all time, has targeted raising over $75 billion via the listing. **BlackRock Inc.** (NYSE:BLK) is considering a multi-billion-dollar investment in the upcoming IPO, with the company reportedly targeting investing $5 billion and $10 billion. Musk had earlier confirmed that the company would be targeting a valuation of $1.75 trillion in the June IPO, with the company’s shares to reportedly be listed on the Nasdaq. Nasdaq also announced a series of rule changes that could expedite SpaceX’s entry into the Nasdaq 100 index. ## SpaceX IPO Structure Draws Ire SpaceX’s dual-class share structure for the IPO has drawn criticism and concern from pension leaders like New York City and State’s comptrollers, as well as the CEO of the California Public Employees' Retirement System (CalPERS). The officials have accused SpaceX of incorporating a “management-favorable governance structure.” The leaders also flagged concerns with CEO compensation packages for Musk from SpaceX and **Tesla Inc.** (NASDAQ:TSLA), saying that it could lead to competition between the two companies. **Read Also: SpaceX IPO Prospectus Could Reportedly Drop Next Week—Here's A Peek Into What Investors May Be Buying At Astronomical Valuations** _Check out more of Benzinga’s Future Of Mobility coverage by_ following this link. _Photo courtesy: Shutterstock_ ### Related Stocks - [GS-D.US](https://longbridge.com/en/quote/GS-D.US.md) - [GS-C.US](https://longbridge.com/en/quote/GS-C.US.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [GS-A.US](https://longbridge.com/en/quote/GS-A.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) ## Related News & Research - [What Goldman’s lead role in SpaceX’s record-breaking IPO means for investors](https://longbridge.com/en/news/287123542.md) - [SPACEX 1Q REVENUE $4.69B *SPACEX 1Q NET LOSS $4.28B *SPACEX: GOLDMAN, MORGAN STANLEY, BOFA LEADING SPACEX IPO](https://longbridge.com/en/news/287120472.md) - [BREAKINGVIEWS-Morgan Stanley’s banking revival hits a Musk bump](https://longbridge.com/en/news/287107740.md) - [Wall Street is set to reap a fee bonanza from the SpaceX IPO that could reach $1 billion](https://longbridge.com/en/news/286781148.md) - [SPACEX INTENDS TO APPLY TO HAVE ITS SHARES LISTED ON NASDAQ UNDER SYMBOL $SPCX](https://longbridge.com/en/news/287120383.md)