Goldman Sachs served as lead underwriter for SpaceX’s public debut on the Nasdaq. The offering raised $75 billion, making it the largest IPO in history. This transaction values the aerospace and AI conglomerate at approximately $1.77 trillion. The deal surpasses the previous record held by Saudi Aramco’s 2019 listing.
Investor demand reached $250 billion for the oversubscribed offering. Goldman Sachs headed a syndicate of 23 banks for the transaction.
The IPO indicates strong investor confidence in the AI infrastructure sector. Goldman Sachs has recorded nearly $300 billion in lead underwriting volumes this year.