SpaceX Courts International Banks for Potential Record-Breaking $50 Billion IPO

Elon Musk’s SpaceX has reportedly begun meetings with international banks to finalize the syndicate for its highly anticipated initial public offering (IPO) planned for late 2026, according to Bloomberg.

The listing, which is expected to include the recently integrated AI startup xAI, could seek to raise as much as $50 billion, potentially making it the largest IPO in history.

While Wall Street giants JPMorgan Chase, Goldman Sachs, Morgan Stanley, and Bank of America have already secured lead roles, SpaceX is now vetting international lenders for junior roles in the syndicate.

These banks are being asked to demonstrate their regional market influence to secure a place in the deal. Analysts estimate the combined valuation of the SpaceX-xAI entity could reach a staggering $1.25 trillion.