Corrie Driebusch

Read this exciting story from The Wall Street Journal May 16, 2026 issue. Anthropic says sales by unauthorized firms are void and won't be recognized

Goldman Sachs is expected to be named lead banker on SpaceX's initial public offering, according to people familiar with the matter. Morgan Stanley is also a lead banker, though Goldman is expected to take the coveted lead-left position on the IPO prospectus, expected to be made public as early as

The Elon Musk-led company filed an investor prospectus for a stock offering expected to raise potentially tens of billions of dollars as soon as mid-June.

Goldman Sachs took the coveted lead left position for banks on the SpaceX filing, but Morgan Stanley is named as the stabilization agent for the offering, another desirable role. That means it is in charge of overseeing the deal's early share trading.

SpaceX’s filing comes in at that eye-popping length before notes and exhibits. IPO prospectuses for aspiring public companies typically top out around 200 pages. They include descriptions of the business, audited financial statements, as well as boilerplate legal language about the risks of investin

Musk controlled 85% of the voting power at SpaceX on May 1, thanks to supervoting class B shares that give insiders 10 votes for every share, compared with one vote for each Class A share being sold to the public. Together with other board members and executives, insiders owned about 20% of the Cla

When SpaceX starts trading next month, it’ll be under the ticker SPCX and will be dual listed on the Nasdaq Stock Market and Nasdaq Texas, the filing reveals. It’s a big win for Nasdaq, which competes fiercely with its downtown rival the New York Stock Exchange for new listings. It also speaks to th

Elon Musk and certain significant investors have agreed to not sell their stock for 366 days after SpaceX starts trading. Other pre-IPO investors are held to a 180-day lock-up. Those investors have the chance to sell earlier, though, through “early-releases.” Up to 20% of early-release eligible sha

In its lengthy risk factors section, SpaceX’s IPO filing notes that Elon Musk is critical to the company and that high dependency could put investors at risk. The filing says it doesn’t maintain key-person life insurance on Musk. Also, while Musk devotes significant time to SpaceX, he doesn’t devot

Wedbush analyst Dan Ives and team put out a research note shortly after the SpaceX prospectus dropped with a prediction: Ives believes that SpaceX and Tesla will merge in 2027. H