SpaceX Paid Just 0.7% in IPO Fees, Yet Wall Street Banks Rushed In
SpaceX paid Wall Street about $500 million in underwriting fees on its $75 billion listing, near 0.7% of the deal. That ranks among the lowest rates ever for a mega-IPO. Goldman Sachs and Morgan Stanley led the offering and took the largest cut. Even so, the slim percentage left bankers chasing softer rewards beyond the...
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