SpaceX has reached agreements with four banks to prepare for a "mega IPO".
PANews reported on January 23 that, according to the Financial Times, Elon Musk's rocket manufacturer SpaceX is seeking Wall Street investment banks for a "mega" IPO, expected to be one of the largest in history. Sources familiar with the matter revealed that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been appointed as lead underwriters for the IPO, responsible for leading the listing process. SpaceX executives have held talks with several investment banks in recent weeks, and the company is preparing for an IPO that could launch as early as this year. Currently, SpaceX is conducting a round of existing share sales, valuing the company at approximately $800 billion. Sources also indicated that other investment banks are likely to be involved in the underwriting, but emphasized that the arrangements are not yet finalized and the situation is still subject to change.
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Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
