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SpaceX has chosen the lead organizer for its record-breaking IPO

SpaceX is expected to release a listing prospectus on Wednesday, Ma. 20, Bloomberg wrote

The Goldman Sachs Group, Inc.

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Zakomoldina Yana

Yana Zakomoldina

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SpaceX is planning an IPO on June 12. Photo: Findaview/Shutterstock

SpaceX is planning an IPO on June 12. Photo: Findaview/Shutterstock

Elon Musk's aerospace company SpaceX, which is preparing for its record-breaking IPO, has chosen Goldman Sachs bank as lead underwriter for the offering, sources familiar with the situation tell CNBC, Reuters, Bloomberg and The Wall Street Journal.

Goldman Sachs, according to their data, will take the position of the main organizer of IPO (lead left) in the prospectus. Such a bank performs the main work on the preparation of the placement and can receive the largest commissions, indicates Bloomberg. Goldman Sachs in the SpaceX prospectus, which the company plans to file in anticipation of the placement in the U.S. Securities and Exchange Commission (SEC), followed by Morgan Stanley - it is also listed as the lead organizer, specifies Bloomberg. Behind them, Bank of America, Citigroup and JPMorgan Chase are listed in alphabetical order among the underwriters, CNBC and Bloomberg interlocutors said.

SpaceX did not respond to CNBC's request for comment.

Goldman shares were up 0.3% in extended trading on May 19.

SpaceX plans to launch an IPO on June 12 and has chosen Nasdaq as the platform for the offering, where it will trade under the ticker SPCX, Reuters learned last week. The prospectus disclosure is scheduled for Wednesday, Ma. 20, the roadshow launch is scheduled for June 4, and the final share price is set for June 11. SpaceX is expected to raise about $75 billion in the offering at a total business valuation of $1.75 trillion, making it the largest IPO in stock market history, Reuters wrote.

This article was AI-translated and verified by a human editor

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