Deals
SpaceX Opens IPO Pitching to Non-US Banks
SpaceX flags fly as people wait on South Padre Island to watch the SpaceX Starship rocket launch from Starbase, Texas on May 27.
Photographer: Sergio Flores/AFP/Getty ImagesSpaceX held meetings with banks from outside the US for its IPO, according to people familiar with the matter, as Elon Musk’s rocket and satellite maker targets a listing this year on an ambitious timeline.
Foreign banks pitched for roles at SpaceX’s California office in mid-January, with one grouping comprising European banks and another made up of firms from other regions, some of the people said, asking not to be identified as the information isn’t public.