[Insider: SpaceX Teams Up with 21 Banks to Prepare for IPO] Reported by Golden Finance, on April 1, insiders revealed Tuesday that SpaceX is collaborating with at least 21 banks to prepare for its blockbuster IPO, which is set to be one of the largest underwriting syndicates in recent years. The IPO, internally codenamed 'Apex,' is expected to take place in June with a valuation of $1.75 trillion, poised to become one of Wall Street's most anticipated stock market debuts. Insiders stated that Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup are serving as active bookrunners, leading the management of this transaction. They added that 16 other banks have signed on to play smaller roles, about half of which had not been previously reported. The size of the syndicate underscores the scale and complexity of the proposed issuance plan. (Jin10)