SpaceX has selected Goldman Sachs as lead underwriter for its upcoming IPO, signaling a landmark event for Wall Street. Current private valuations for SpaceX are circulating at $1.25 trillion, positioning the IPO as potentially the largest in history. Goldman Sachs' involvement underscores institutional confidence in SpaceX's capital markets appeal and scale.
Goldman Sachs Group Inc (NYSE:GS, XETRA:GOS) CEO David Solomon said fears of a broad “job apocalypse” driven by artificial intelligence are overblown, arguing instead that AI will reshape work rather than eliminate it. In a New York Times opinion piece published over the weekend, Solomon argued that generative AI should be understood as part of a long historical pattern of technological change that ultimately expands economic opportunity even as it disrupts existing roles.
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Goldman Sachs is expected to secure the much-coveted lead left position in Elon Musk's rocket and satellite maker SpaceX's initial public offering, a source familiar with the matter told Reuters on Tuesday.
SpaceX has picked Goldman Sachs to lead its initial public offering, according to people familiar with the matter. Goldman will have the lead left position on the prospectus, followed by Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase.
Central bank gold purchases have come in stronger than previous estimates so far in 2026, and updated projections have sovereign demand rising further in the second half of the year, according to commodity strategists at Goldman Sachs.Goldman Sachs analysts announced on Friday that they have revised their central bank gold demand model to account for gaps in official trade data.
Goldman (GS) reported earnings 30 days ago. What's next for the stock?
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Sterling is one of the most vulnerable major currencies to a broadening wave of dollar strength, Goldman Sachs has warned, compounding the pressure already building from the UK's political crisis and surging gilt yields. The bank's currency strategists named the pound alongside the euro and Swedish krona as their preferred targets for bets on dollar appreciation, adding an external headwind to a currency already under strain from domestic turmoil.
Goldman Sachs Group, Inc. (GS) executives detailed their artificial intelligence strategy for operational efficiency as new data showed the top 100 registered investment advisor firms now manage more than $1.6 trillion in client assets, double what they controlled just two years ago, according to Padi Raphael, global co-head of third party wealth at the firm.
Waldron, widely tipped internally as the heir apparent to CEO David Solomon, said Goldman would use cutting-edge AI technology to build its very own "digital factory floor."
Can GS extend its 58.4% rally as IB rebounds, AI initiatives expand and strategic streamlining drives growth? Let us find out.