MS · News · 20260918N

SpaceX IPO Underwriting

MORGAN STANLEY · 2026-09-18 · Importance 28 · Surprise 42

Morgan Stanley reportedly generated $100 million in fees from the SpaceX IPO. Goldman Sachs reportedly generated the same $100 million fee amount. The reported fee highlights Morgan Stanley’s investment-banking revenue opportunity from large technology and aerospace offerings.

Key facts

• Goldman Sachs and Morgan Stanley each generated $100 million in fees from the SpaceX IPO, according to reports. source
• Morgan Stanley maintains a "buy" rating on SpaceX with a $300 price target, implying 106% upside. source