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The Nexus
BUSINESSJun 12 · 16:38 UTCBUSINESS INSIDERAlice Tecotzky ([email protected])

Inside David Solomon's letter to Goldman interns: SpaceX, more M&A, and how to thrive in a 'innovation supercycle'

Goldman Sachs CEO David Solomon addressed interns in his annual letter, highlighting the bank's role in SpaceX's $75 billion IPO and the current 'innovation supercycle' driven by M&A and technological advancements. The 2026 intern class includes 2,500 participants with an under-1% acceptance rate, as the firm emphasizes adapting to rapid industry changes.

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