Reuters: Morgan Stanley Front-Runner for SpaceX IPO Role
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SpaceX is reportedly planning a potential IPO in 2026, seeking to raise over $25 billion. Morgan Stanley is a leading contender to manage the IPO due to its existing relationship with Elon Musk, though other firms are also vying for the role, and the offering depends on market conditions.
Key takeaways
- A recent Reuters report indicates that Morgan Stanley is a leading candidate to manage SpaceX's potential initial public offering (IPO), largely owing to its established relationship with CEO Elon Musk
- A staff memo referenced in the report suggests SpaceX is preparing for a public offering in 2026
- Previous reports have indicated the company is seeking to raise over $25 billion
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