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CEO David Solomon sent his annual welcome letter on June 12, 2026, highlighting the firm's role in the largest IPO to date and an innovation supercycle in markets.
Goldman Sachs began its 2026 summer internship program this month with approximately 2,500 participants. Some interns started on June 1 and others on June 8. The program has an acceptance rate of less than 1 percent and is slightly smaller than the 2,600 interns hosted in 2025.
CEO David Solomon sent his annual welcome letter to the interns on June 12. He has issued a similar note every year since 2019. In the letter, Solomon noted that Goldman Sachs served as lead left bookrunner on SpaceX's $75 billion IPO priced the previous day.
Solomon wrote that the transaction marked a significant moment in financial history. 6 trillion in 2026 and that trading volumes reached all-time highs. The letter described the current environment as an innovation supercycle driven by AI and strategic consolidation.
Solomon has been at Goldman Sachs for more than 25 years. He advised the interns to show up with intent, be curious, innovative, and coachable, cultivate partnership, raise the bar, and manage their energy. The letter stated that interns would work alongside colleagues at the heart of global finance.
Dan Dees, co-head of global banking and markets, addressed some interns at an orientation the week before June 12. He said the scale of client ambition was staggering and that the interns were in the middle of it. Solomon closed the letter by thanking firm employees and welcoming the interns.
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