[Goldman Sachs Uses 'Windfall' from SpaceX IPO to Arrange $450 Million in Charitable Donations Ahead of Schedule] According to Bloomberg, Goldman Sachs Group has utilized a portion of the massive profits its wealthy clients gained from SpaceX's record-breaking initial public offering (IPO) to arrange $450 million in charitable donations ahead of schedule. In its third-quarter earnings report released on Tuesday, Goldman separately disclosed this special expense under its expenditure items, noting that it reduced diluted earnings per share by approximately $1. More than five years ago, Goldman helped wealthy clients invest in Elon Musk's SpaceX. Earlier this year, the aerospace company went public with a valuation of $1.77 trillion, and Goldman clients who sold their shares reaped significant profits, with Goldman itself earning hundreds of millions of dollars in the process.