Space X has lined up Bank of America (BAC), Goldman Sachs (GS), JPMorgan (JPM), and Morgan Stanley (MS) for an IPO, FT reports

Space X has lined up Bank of America (BAC), Goldman Sachs (GS), JPMorgan (JPM), and Morgan Stanley (MS) for an IPO, FT reports.

SpaceX's decision to engage major banks for its IPO could signal a significant milestone for the company and the broader IPO market, especially given the involvement of key players like Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley. This move may indicate that investors are regaining confidence in tech IPOs and could lead to a resurgence in similar offerings from high-growth companies, impacting market sentiment positively toward associated sectors.