Musk's SpaceX lines up 4 banks to lead $1.5 trillion IPO: Report

Elon Musk's SpaceX has lined up four banks to lead its initial public offering, the Financial Times reported. While no final decision has been made, SpaceX plans to hire Bank of America, Goldman Sachs Group, JPMorgan Chase and Morgan Stanley in senior roles. The IPO is expected to raise over $30 billion at $1.5 trillion valuation, according to Bloomberg.