SpaceX pressures banks to secure historically low IPO fee rate

Odaily News: Market sources indicate that SpaceX is pressuring banks to secure a historically low IPO fee rate. SpaceX is negotiating with banks underwriting its Initial Public Offering (IPO), seeking to pay underwriting fees of less than 0.75%.

Despite SpaceX's negotiations to lower underwriting fees, banks could still generate approximately $500 million in revenue from this IPO. (Jin Shi)