Insiders: Bank of America, Goldman Sachs, and Morgan Stanley are preparing for SpaceX's $100 billion IPO.

According to reports, billionaire Elon Musk's rocket manufacturing company SpaceX is arranging for what is expected to be the largest IPO in history with four Wall Street investment banks as the lead underwriters. Sources familiar with the matter say that Bank of America, Morgan Stanley, Goldman Sachs, and JPMorgan are preparing for leadership roles in this IPO. With SpaceX gearing up for the IPO later this year, senior executives have recently met with bankers. The company is currently selling existing shares, with its valuation estimated to be around $80 billion. Other banks may also have a role in this listing, sources say, but they caution that final decisions have not been made yet and the situation could change. If SpaceX successfully goes public, the amount raised is expected to reach hundreds of billions of dollars, potentially surpassing the $29 billion raised by Saudi Aramco in 2019, becoming the largest IPO in history.