SpaceX Pays 0.7% IPO Fee as Banks Chase $75B Listing

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SpaceX paid Wall Street about $500 million in underwriting fees on its $75 billion listing, equal to about 0.7% of the deal. The offering surpassed Saudi Aramco’s $29.4 billion sale from 2019 as the largest IPO on record by money raised. Goldman Sachs and Morgan Stanley led the offering and each claimed about $100 million from the fee pool. The deal attracted more than $350 billion in orders.
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