Goldman Sachs is set to be named lead underwriter for SpaceX's highly anticipated initial public offering, with the prospectus expected to be filed as soon as Wednesday, according to Reuters. The appointment of Wall Street's most prestigious equity capital markets franchise signals that the offering is moving from speculation into execution.
SpaceX has long been one of the most valuable private companies in the world, with recent secondary market transactions valuing the company north of $350 billion. A formal prospectus filing would mark the beginning of the public process — roadshow, pricing, and eventual listing — and would represent one of the largest IPOs in US market history if it proceeds at anywhere near that valuation.
For crypto and macro investors, a SpaceX public listing carries weight beyond the aerospace sector: it would be a landmark risk-on event, pulling institutional…
TheBlock
Crypto Rank News
CoinDesk