NYSE:MSCapital Markets
Morgan Stanley Rehires Grimes As SpaceX IPO Role Meets Valuation Debate
Morgan Stanley (NYSE:MS) has rehired Michael Grimes as chairman of investment banking.
Grimes is expected to play a key role in SpaceX’s anticipated IPO following its merger with xAI and a recent valuation milestone.
The move positions Morgan Stanley for a central role in what could become the largest IPO to date.
Morgan Stanley is a global financial services firm with a large investment banking franchise that works on IPOs, mergers and capital raising for corporate clients. Bringing back...