Goldman Sachs and Morgan Stanley are each expected to earn approximately $100 million in underwriting fees from the SpaceX IPO

Odaily News According to a regulatory filing and sources familiar with the matter, total underwriting fees for SpaceX's initial public offering are approximately $500 million, accounting for about 0.7% of its $75 billion fundraising target. Lead underwriters Goldman Sachs and Morgan Stanley will take the largest share, collectively receiving 40% of the fees, or roughly $100 million each. Bank of America, Citigroup, and JPMorgan are each expected to receive approximately $75 million, while several other banks are anticipated to receive around $10 million or less each. (Jinshi)