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SpaceX Reportedly Selects 21 Banks to Participate in IPO Plan
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SpaceX is collaborating with at least 21 banks to advance its IPO plan internally code-named Project Apex, with the public offering expected in June, Reuters quoted sources as saying. The Company's valuation is estimated to reach US$1.75 trillion. It is reported that Morgan Stanley (MS.US), Goldman Sachs Group (GS.US), JPMorgan (JPM.US), Bank of America (BAC.US) and Citigroup (C.US) are set to serve as underwriters for the IPO, with an additional 16 banks participating. The possibility of adding other banks in the future cannot be ruled out. AASTOCKS Financial News Website: www.aastocks.com |
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