Lates News

According to a report from The Wall Street Journal, SpaceX's underwriting fee for its initial public offering is estimated to be around $500 million, which accounts for about 0.7% of its $75 billion fundraising amount. The lead underwriters Goldman Sachs and Morgan Stanley are expected to receive the largest share, with a total of 40% of the fees, approximately $100 million each. Bank of America, Citigroup, and JPMorgan Chase are each expected to receive around $75 million, while several other banks are expected to receive around $10 million or less.