SpaceX negotiating underwriting fees below 1% for IPO: Report

Elon ​Musk's ​SpaceX is ​negotiating with banks underwriting its initial public ‌offering ⁠to ⁠pay ​fees of less than 0.75% on ​the roughly $75 billion it ​aims ⁠to raise this ‌month, ​Bloomberg ​News ⁠reported on Tuesday.

The banks are ​still likely to ​rake in about $500 million from the record-setting ‌listing of the space ​and ​AI conglomerate, ⁠the report added, citing people familiar with ​the matter.