SpaceX prepares to launch Falcon 9 rocket from Vandenberg Space Force Base on Sunday

A lawsuit over a disputed stake in SpaceX shares could help determine how billions of dollars in private-market gains are divvied up before an IPO.

paceX (SPACE) is assembling one of the largest underwriting syndicates in recent years as it prepares for an upcoming IPO dubbed “Project Apex” that has lined up at least 21 banks, Reuters reported.

CNBC’s Deirdre Bosa reports the latest news surrounding SpaceX’s upcoming IPO.