SpaceX pressures banks to achieve the historically lowest IPO fee rate
According to Jinshi, SpaceX is pressuring banks to achieve the historically lowest IPO fee rate.
SpaceX is negotiating with the banks underwriting its initial public offering (IPO), seeking to pay an underwriting fee of less than 0.75%. Although SpaceX is negotiating to lower the underwriting fee, the banks are still likely to earn about $500 million from this IPO.
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