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SpaceX pressures banks, aiming for the lowest IPO fee rate in history

2026-06-02 12:38

Odaily News: Market sources say SpaceX is pressuring banks to achieve the lowest IPO fee rate in history. SpaceX is negotiating with the banks underwriting its initial public offering (IPO) to pay underwriting fees of less than 0.75%.

Even though SpaceX is negotiating to lower the underwriting fees, banks could still earn approximately $500 million from this IPO. (Jin Shi)