What Happened
Elon Musk's Company Taps Goldman Sachs for Historic Public Offering
SpaceX has taken a significant step towards its highly anticipated initial public offering by selecting Goldman Sachs as the lead underwriter. The company is expected to raise over $70 billion in the June IPO, which would be one of the largest in history. This move is seen as a sign that the IPO is moving forward, with Goldman Sachs bringing its expertise to the table. The news was first reported by Barron’s.