SpaceX is reportedly set to appoint Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley as lead underwriters for its highly anticipated 2026 initial public offering (IPO). The valuation is expected to reach $1.5 trillion, making it the largest IPO in history. This isn’t just any IPO: a $1.5 trillion valuation means surpassing the combined total of China’s top 10 tech stocks and setting a new record in financial history.