Home / Business and Economy / SpaceX IPO Legal Teams Selected
SpaceX IPO Legal Teams Selected
13 Mar
Summary
- SpaceX and its underwriters have selected law firms for its upcoming IPO.
- Gibson Dunn will represent SpaceX, while Davis Polk advises the underwriters.
- SpaceX's IPO could achieve a $1.75 trillion valuation, one of the world's highest.
SpaceX has taken significant steps in preparation for its highly anticipated initial public offering (IPO) by selecting legal representation. Gibson Dunn has been appointed to advise SpaceX throughout the IPO process. Concurrently, Davis Polk & Wardwell has been chosen to represent the banks that will underwrite the deal.
This confidential filing is reportedly being prepared for as soon as this month. Should SpaceX achieve its target valuation of $1.75 trillion, it would rank among the most highly valued companies globally. This move would provide public investors their first opportunity to invest in Elon Musk's closely held space exploration enterprise.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
