Morgan Stanley commands a 51% implied probability as the lead bank for SpaceX's anticipated "Project Apex" IPO, driven by its longstanding advisory role with Elon Musk—including co-underwriting Tesla's 2010 IPO—and banker Michael Grimes' pivotal involvement in recent bake-offs. Recent Reuters and CNBC reports from April 1 detail SpaceX assembling 21 banks, positioning Morgan Stanley, Goldman Sachs, JPMorgan, Bank of America, and Citigroup as active bookrunners for a potential $75 billion raise valuing the company above $1.75 trillion, though bankers will forgo a traditional "lead left" spot in favor of alphabetical listing. The Information's April 26 update highlights jockeying between Morgan Stanley and Goldman Sachs amid collaboration, with trader sentiment favoring Morgan Stanley's historical edge ahead of a possible June 2026 listing.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedMorgan Stanley 50%
Bank of America 16.3%
Goldman Sachs 11%
JPMorgan 1.1%
$1,698,302 Vol.
$1,698,302 Vol.

Morgan Stanley
50%

Bank of America
16%

Goldman Sachs
11%

JPMorgan
1%

Citigroup
<1%

UBS
<1%

Wells Fargo
<1%

Deutsche Bank
<1%

Barclays
<1%
Morgan Stanley 50%
Bank of America 16.3%
Goldman Sachs 11%
JPMorgan 1.1%
$1,698,302 Vol.
$1,698,302 Vol.

Morgan Stanley
50%

Bank of America
16%

Goldman Sachs
11%

JPMorgan
1%

Citigroup
<1%

UBS
<1%

Wells Fargo
<1%

Deutsche Bank
<1%

Barclays
<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...Morgan Stanley commands a 51% implied probability as the lead bank for SpaceX's anticipated "Project Apex" IPO, driven by its longstanding advisory role with Elon Musk—including co-underwriting Tesla's 2010 IPO—and banker Michael Grimes' pivotal involvement in recent bake-offs. Recent Reuters and CNBC reports from April 1 detail SpaceX assembling 21 banks, positioning Morgan Stanley, Goldman Sachs, JPMorgan, Bank of America, and Citigroup as active bookrunners for a potential $75 billion raise valuing the company above $1.75 trillion, though bankers will forgo a traditional "lead left" spot in favor of alphabetical listing. The Information's April 26 update highlights jockeying between Morgan Stanley and Goldman Sachs amid collaboration, with trader sentiment favoring Morgan Stanley's historical edge ahead of a possible June 2026 listing.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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