Elon Musk’s SpaceX Is Said to Add Citigroup to IPO Bank Lineup

Elon Musk’s SpaceX has expanded its IPO underwriting team by adding Citigroup Inc., joining other leading banks to prepare for the highly anticipated public debut of the aerospace company. The move signals SpaceX’s accelerating push toward a blockbuster IPO, though no official timeline has been confirmed, according to sources familiar with the matter. Citigroup’s inclusion strengthens the financial firepower behind the offering, reflecting Wall Street’s confidence in SpaceX’s valuation and growth potential amid its satellite and rocket ventures. The IPO would mark a rare opportunity for public investors to gain exposure to Musk’s privately held space enterprise, which has dominated commercial launches and Starlink expansion. This development follows years of speculation about SpaceX’s market debut, as the company continues to disrupt aerospace and telecommunications industries with record-breaking missions.