economy

'Anything could happen': SpaceX IPO poses big test for Wall Street banks

Elon Musk’s rockets-to-AI group is listing at a fixed price during a bout of volatility in US markets

'Anything could happen': SpaceX IPO poses big test for Wall Street banks

TL;DR

  • SpaceX, led by Elon Musk, is preparing for an IPO.
  • The company's shares will be listed at a fixed price.
  • The IPO is happening amidst a volatile period in US markets.
  • The listing is expected to be a significant test for Wall Street banks.