Why Is Jamie Dimon Giving the SpaceX IPO the Hard Sell?
Source: Motley Fool
2026-06-05 02:05:00 ET
The SpaceX IPO is shaping up to be one of the biggest events on Wall Street.
Elon Musk 's space exploration, satellite internet, and AI company is aiming to raise $75 billion in the offering at a valuation of $1.75 trillion, making it one of the 10 most valuable companies in the U.S., ahead of even Tesla .
The IPO is also shaping to be a bonanza for Wall Street as 23 banks are reportedly participating in the offering led by Goldman Sachs and Morgan Stanley that is expected to yield underwriting fees of around $500 million.
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