Morgan Stanley’s (MS) E-Trade is in talks with SpaceX to take the lead in selling the company’s shares to U.S. investors in its initial public offering later this year, Echo Wang and Anirban Sen of Reuters report, citing two people familiar with the matter. Robinhood (HOOD) and SoFi Technologies (SOFI) have both pitched for roles on the IPO but SpaceX is considering cutting them out altogether, sources told Reuters. Robinhood and SoFI remain in discussions to handle some of the sales, the two people added.
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