SpaceX seeks low underwriting fees for 75 billion IPO

Elon Musk's SpaceX is negotiating with banks to pay less than 0.75 percent in fees for its upcoming initial public offering. The company aims to raise 75 billion dollars at a valuation of 1.75 trillion dollars, with a potential listing date as early as June 12.

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SpaceX is negotiating underwriting fees below 0.75% for its upcoming $75 billion initial public offering. The deal would value the space and AI conglomerate at $1.75 trillion, marking the largest stock market debut in history. This listing provides investors direct access to satellite broadband and launch services currently locked in the private market.

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