SPACEX STARTS A WALL STREET BAKE-OFF TO HIRE BANKS FOR POSSIBLE IPO

Summary from the TLDR newsletter

SpaceX has started the selection process for a banker to advise it on its initial public offering. Investment banks are scheduled to make their first pitches this week. SpaceX is also pursuing a secondary share sale that would value the company at roughly $800 billion. The US IPO market is picking up momentum after several years of relative quiet.