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SpaceX selected Goldman Sachs to lead its planned IPO as it races toward the public market ahead of OpenAI and Anthropic.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02SpaceX has selected Goldman Sachs to lead its upcoming IPO, with Morgan Stanley, Bank
00:08of America, Citigroup, and JPMorgan Chase following in the lineup, according to CNBC.
00:14The company plans to make its prospectus public as soon as Wednesday after confidentially
00:19filing with the Securities and Exchange Commission last month.
00:22Elon Musk valued SpaceX at $1.25 trillion after merging it with his artificial intelligence
00:28startup XAI in February.
00:31Only Facebook and Alibaba have been valued at more than $100 billion after their first day
00:37of trading on U.S. exchanges.
00:40SpaceX aims to reach the public market before OpenAI and Anthropic, each valued near $1 trillion
00:47by private investors.
00:49Goldman Sachs led Tesla's 2010 NASDAQ IPO.
00:52For all things money, visit Benzinga.com.
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