Elon Musk reportedly wants banks advising on SpaceX IPO to use Grok [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Yahoo! Finance
Elon Musk is shown with the Grok AI logo in a photo illustration. SpaceX, which recently acquired xAI, is exploring a potential IPO that may require advisers to purchase subscriptions to Grok. (Vincent Feuray/Tribune News Service photo illustration) As Elon Musk's SpaceX prepares for what could become the largest initial public offering in history , the billionaire may be seeking to boost subscriptions to Grok, a chatbot developed by his artificial intelligence company xAI. Musk is inviting Wall Street advisers to work on the IPO on the condition that they purchase subscriptions to Grok, The New York Times reported Citing anonymous sources not authorized to speak publicly on the matter, the Times reported that banks, law firms, auditors and other advisers were required to buy Grok's services. Banks were also reportedly asked to advertise on Musk's social media platform X. So far, five banks are expected to work on SpaceX's IPO, including Bank of America, Citigroup, Goldman Sach
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- 1/16/26 - Beat
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Sec Filings
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- GS's page on the SEC website