Elon Musk’s SpaceX drives hard bargain with bankers ahead of IPO: report

▤ Summary

SpaceX is negotiating aggressively with banks over underwriting fees for a planned IPO that could raise about $75 billion. The company wants a fee below 0.75%, far under typical IPO pricing, even though the syndicate could still earn roughly $500 million. The story also highlights employee negotiations for wealth-management and tax services ahead of a potential liquidity event. The planned offering could value SpaceX near $1.8 trillion and mark one of the largest public-market debuts ever.

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