SpaceX has revealed plans for the largest initial public offering in history as Elon Musk’s sprawling AI to rockets company kicks off a series of massive market debuts that could reshape Wall Street.
The company filed its highly anticipated prospectus with US securities regulators on Wednesday evening, giving investors their first glimpse at its financials, Musk’s sway over the group and sweeping risk factors.
SpaceX said that it would list on the Nasdaq under the ticker SPCX in an offering underwritten by Wall Street’s biggest banks. Goldman Sachs secured the coveted “lead-left” position heading the offering in a blow to its uptown rival Morgan Stanley.