Trader consensus on Polymarket assigns a 49.5% implied probability to Morgan Stanley as lead underwriter for SpaceX's anticipated mega-IPO—code-named Project Apex—reflecting its deep ties to Elon Musk, including leading Tesla's 2010 public offering alongside Goldman Sachs. Recent catalysts include SpaceX's April 1 confidential IPO filing, a virtual banker meeting on April 6 outlining a $75 billion raise at $1.75 trillion valuation with up to 30% retail allocation, and naming Morgan Stanley, Bank of America (16.6%), Goldman Sachs (12.5%), JPMorgan, and Citigroup as top bookrunners. Ongoing jockeying between Morgan Stanley and Goldman Sachs for deal control, per late April reports, sustains the tight race, with prospectus expected late May ahead of a June roadshow. No traditional "lead left" role may result in co-lead status, introducing resolution uncertainty.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedMorgan Stanley 51%
Bank of America 16.5%
Goldman Sachs 13%
JPMorgan 1.1%
$1,692,735 Vol.
$1,692,735 Vol.

Morgan Stanley
51%

Bank of America
17%

Goldman Sachs
13%

JPMorgan
1%

Citigroup
<1%

Barclays
<1%

UBS
<1%

Deutsche Bank
<1%

Wells Fargo
<1%
Morgan Stanley 51%
Bank of America 16.5%
Goldman Sachs 13%
JPMorgan 1.1%
$1,692,735 Vol.
$1,692,735 Vol.

Morgan Stanley
51%

Bank of America
17%

Goldman Sachs
13%

JPMorgan
1%

Citigroup
<1%

Barclays
<1%

UBS
<1%

Deutsche Bank
<1%

Wells Fargo
<1%
If no IPO occurs by December 31, 2027, 11:59 PM ET, or SpaceX completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.”
If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it is conclusively evident which bank is the primary lead underwriter, for example, through the order in which the banks are listed in the underwriting section of SpaceX’s final initial public offering prospectus, once released.
The primary resolution source for this market will be official disclosures from SpaceX. A consensus of credible reporting may also be used.
Market Opened: Dec 25, 2025, 1:28 PM ET
Resolver
0x2F5e3684c...If no IPO occurs by December 31, 2027, 11:59 PM ET, or SpaceX completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.”
If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it is conclusively evident which bank is the primary lead underwriter, for example, through the order in which the banks are listed in the underwriting section of SpaceX’s final initial public offering prospectus, once released.
The primary resolution source for this market will be official disclosures from SpaceX. A consensus of credible reporting may also be used.
Resolver
0x2F5e3684c...Trader consensus on Polymarket assigns a 49.5% implied probability to Morgan Stanley as lead underwriter for SpaceX's anticipated mega-IPO—code-named Project Apex—reflecting its deep ties to Elon Musk, including leading Tesla's 2010 public offering alongside Goldman Sachs. Recent catalysts include SpaceX's April 1 confidential IPO filing, a virtual banker meeting on April 6 outlining a $75 billion raise at $1.75 trillion valuation with up to 30% retail allocation, and naming Morgan Stanley, Bank of America (16.6%), Goldman Sachs (12.5%), JPMorgan, and Citigroup as top bookrunners. Ongoing jockeying between Morgan Stanley and Goldman Sachs for deal control, per late April reports, sustains the tight race, with prospectus expected late May ahead of a June roadshow. No traditional "lead left" role may result in co-lead status, introducing resolution uncertainty.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

Beware of external links.
Beware of external links.
Frequently Asked Questions