• SpaceX plans to go public around June 12, potentially becoming the largest IPO ever. • The company reported over $11 billion in revenue but a net loss of nearly $4.9 billion in 2025. • Goldman Sachs and Morgan Stanley are leading the IPO, with $80 billion in shares to allocate. $Goldman Sachs(GS.US) $SpaceX(SPCX.US) $Morgan Stanley(MS.US) • Consumer sentiment in the US has dropped to a record low due to rising gasoline prices. • OpenAI and Anthropic are also preparing for their own IPOs later this year.

OpenAI

Destiny Tech100

SpaceX

Goldman Sachs

Morgan Stanley

GS Hldg R

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

First Fellow