SpaceX Enlists 21 Banks for Project Apex IPO in June

SpaceX is working with 21 banks on its Project Apex public offering. The June listing is expected to value the rocket company at 1.75 trillion dollars.

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SpaceX is coordinating with a massive syndicate of 21 financial institutions for its upcoming initial public offering (IPO), internally referred to as Project Apex. This highly anticipated market debut, expected in June, is estimated to value the aerospace company at approximately $1.75 trillion. The scale of the underwriting group reflects the significant complexity and size of the offering for the company headquartered in the United States.

A view of SpaceX's Starbase facility and staff in Texas, U.S., captured on March 25, 2026. REUTERS/Gabriel V. Cardenas/File Photo
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