SpaceX IPO Set for June 12 with $75B Fundraising, Goldman Sachs and Morgan Stanley Positioned as Biggest Underwriting Beneficiaries

According to The Motley Fool, SpaceX will launch its initial public offering on June 12 at $135 per share, planning to raise $75 billion through 556 million share issuance. The IPO ranks among the largest in recent years.

Goldman Sachs will serve as lead underwriter, with Morgan Stanley as co-lead. Bank of America, Citigroup, and JPMorgan also participate. Bloomberg estimates the underwriting fee at approximately 0.75% of total fundraising, with investment banks collectively earning around $500 million in fees. Underwriters will additionally receive options to purchase over 83 million shares worth roughly $11 billion.