Morgan Stanley (MS) is emerging as a leading contender for a key role in SpaceX's initial public offering, Reuters said Friday, citing three people familiar with the matter.
The IPO selection process is underway, with banks including Goldman Sachs (GS) and JPMorgan (JPM) also in contention, the report said.
There is no certainty that Morgan Stanley will secure the top lead underwriting role, the report said.
Morgan Stanley did not immediately respond a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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