More banks could still be added

SPACEX is working with at least 21 banks on its blockbuster initial public offering, people familiar with the matter said on Tuesday, one of the largest underwriting syndicates assembled in recent years.

The listing, internally codenamed Project Apex, is expected to be among the most closely watched stock market debuts on Wall Street. The public offering, expected in June, is estimated to value the rocket company controlled by founder and CEO Elon Musk at US$1.75 trillion.

https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/spacex-lines-21-banks-mega-ipo-code-named-project-apex