Elon Musk’s SpaceX Is Said to Add Citigroup to IPO Bank Lineup

SpaceX has added Citigroup Inc. to the banks leading its initial public offering, according to people familiar with the matter, as billionaire Elon Musk’s rocket and satellite company moves closer to a blockbuster debut.

The bank would join Bank of America Corp., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley, which have been lined up for the senior roles on the IPO, people with knowledge of the details have said.