US EditionExclusive: Morgan Stanley Seen as Front-Runner for SpaceX ...
Morgan Stanley leads the competitive selection among banks for SpaceX's IPO, which may raise over $25 billion to fund Starship launches and AI data centers in space.
- Recently, Morgan Stanley has emerged as a top candidate to run SpaceX's IPO underwriting, leveraging long-established ties to Elon Musk, while a confidential bake-off with Goldman Sachs and JPMorgan continues.
- Last week, a staff memo said SpaceX is preparing for a public offering in 2026 as Starlink's growth to nearly 10,000 satellites drives a strategic shift.
- Elon Musk's longstanding ties to Morgan Stanley go back at least 15 years, with Musk recently tapping Anthony Armstrong as xAI CFO and Jared Birchall running his asset manager Excession.
- While plans are progressing, people familiar say Musk has not yet picked lead banks and a decision could come before the end of the year, with discussions confidential and risks of delay due to market conditions.
- If completed, proceeds would be used to increase Starship flights and deploy AI data centers in space; SpaceX also holds a $4 billion NASA Artemis contract with ambitions for 'Moonbase Alpha' and Mars.
14 Articles
14 Articles
Morgan Stanley Leading Race for SpaceX IPO
Morgan Stanley is positioned as a strong candidate for a significant role in SpaceX’s upcoming initial public offering (IPO), bolstered by its long-standing relationship with CEO Elon Musk. A competitive selection process, described as a “bake-off,” is underway involving several banks including Morgan Stanley, Goldman Sachs, and JPMorgan. However, there is still no guarantee that […] The post Morgan Stanley Leading Race for SpaceX IPO appeared f…
Morgan Stanley is emerging as one of the leading seekers to play a key role in SpaceX’s massive initial public offer, as the bank’s close ties with executive president Elon Musk give him an advantage in his decision, according to three familiar persons. A selection process for the IPO is still underway, with a select group of banks, including Morgan Stanley, Goldman Sachs and JPMorgan, competing for roles, four familiar persons said, adding that…
Morgan Stanley favourite to lead SpaceX IPO
Morgan Stanley is emerging as a leading contender for a key role in SpaceX's blockbuster initial public offering, as the bank's close ties to CEO Elon Musk give it an edge in his decision, according to three people familiar with the matter.
Morgan Stanley Poised to Secure Lead Role in SpaceX IPO
Morgan Stanley Poised to Secure Lead Role in SpaceX IPO Morgan Stanley, a major financial institution, has emerged as a top candidate for the pivotal role in managing SpaceX's initial public offering, leveraging its long-established ties with CEO Elon Musk. However, the final decision remains undecided, according to sources close to the matter.The selection process, dubbed a 'bake-off', is underway, with competitors such as Goldman Sachs and JPM…
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