SpaceX in talks with BofA, Goldman, JPMorgan and Morgan Stanley on $25–30+ billion IPO
SpaceX has held multiple meetings with Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley to structure a potential initial public offering that could raise roughly $25–30+ billion. Secondary-market trades imply a private valuation near $800 billion, while some post-IPO projections range up to $1–1.5 trillion. Proceeds would likely fund Starship heavy‑rocket development, expanded Starlink satellite coverage and long‑term projects such as in‑orbit AI/data‑center initiatives. SpaceX has not filed with the SEC; timetable, listing venue and final size remain undecided. Appointing four major Wall Street banks as lead underwriters signals serious momentum toward what could become one of the largest IPOs in history, with implications for capital flows into space- and AI-related infrastructure.
Neutral
Direct crypto-market effects are limited because the story concerns a private-equity IPO for a space company rather than a cryptocurrency token. Short term: neutral — traders are unlikely to reprice major cryptocurrencies solely on SpaceX IPO news. Indirect effects could appear in tokens tied to space/infra projects or in equities linked to Elon Musk, but these are secondary and speculative. Long term: mildly positive for crypto infrastructure projects that partner with or benefit from expanded space-based data, Starlink broadband growth, or on‑orbit compute — increased capital allocation to space and AI infrastructure could spur demand for blockchain services (identity, data marketplaces, payments) used in those ecosystems. However, any material price impact on major coins (BTC, ETH) is unlikely absent direct token issuance, crypto-native product launches or major treasury allocations into crypto by SpaceX.