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SpaceX and lead IPO banker Goldman Sachs began meeting with prospective IPO investors back in January, Axios has learned.
Why it matters: This preemptive playbook is likely to be replicated for Anthropic and OpenAI — both of which plan to go public later this year -- given how smoothly SpaceX stock launched on Friday.
Behind the scenes: "There was an incredible focus on educating investors very early, given the breadth and complexity of the company," a source says. "And it also seemed to be announcing major things on a weekly basis — like the xAI and Cursor acquisitions, or the Anthropic and Google compute deals — so the dialogue was constant."
