SpaceX reaches agreement with four banks to prepare for IPO

Elon Musk's rocket manufacturer SpaceX is preparing for a "super" IPO, with Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley being arranged as lead underwriters. According to insiders, SpaceX executives have recently held talks with multiple investment banks, and the IPO may start as early as this year. At present, SpaceX is undergoing a round of old stock sales, with an overall valuation of approximately $800 billion. Other investment banks may also participate in underwriting, but the relevant arrangements have not been finalized yet.