The market strongly favors that Wells Fargo will not be the lead underwriter for SpaceX's IPO.
Current market probabilities indicate a very low likelihood (0.05%) of Wells Fargo serving as the lead underwriter for SpaceX's initial public offering, with a consensus leaning heavily towards 'NO' at 99.95%. The Pulse AI also reflects a similar sentiment, albeit with a slightly higher probability for 'YES' at 3.05%, suggesting some minor uncertainty in the market.
This market will resolve according to the bank that serves as the lead underwriter in the initial public offering of SpaceX.
If no IPO occurs by December 31, 2027, 11:59 PM ET, or SpaceX completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.”
If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it is conclusively evident which bank is the primary lead underwriter, for example, through the order in which the banks are listed in the underwriting section of SpaceX’s final initial public offering prospectus, once released.
The primary resolution source for this market will be official disclosures from SpaceX. A consensus of credible reporting may also be used.