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How Banks Battled for $1 Billion in Fees From SpaceX Listing

https://www.nytimes.com/by/rob-copeland· ·3 min read · 0 reactions · 0 comments · 27 views
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How Banks Battled for $1 Billion in Fees From SpaceX Listing
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#masthead-section-label, #masthead-bar-one { display: none }SpaceXWorld’s Largest I.P.O.Musk Becomes First Trillionaire401(k)sSpaceX’s Unlikely JourneyMusk’s GoalsAdvertisementSKIP ADVERTISEMENTYou have a preview view of this article while we are checking your access. The company, led by Elon Musk, chose Goldman Sachs to be the lead bank for its initial public offering. That most likely entitles the bank to the largest share of what is expected to be more than $1 billion in commissions and associated fees.Goldman will share that bounty with 22 other banks that Mr.

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NYT > Top Stories · https://www.nytimes.com/by/rob-copeland
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#masthead-section-label, #masthead-bar-one { display: none }SpaceXWorld’s Largest I.P.O.Musk Becomes First Trillionaire401(k)sSpaceX’s Unlikely JourneyMusk’s GoalsAdvertisementSKIP ADVERTISEMENTYou have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load.Supported bySKIP ADVERTISEMENTGoldman Hits the Jackpot After Banks’ ‘Dogfight’ to Lead SpaceX’s I.P.O.Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering.Listen · 5:32 min Share full article38A SpaceX rocket in 2024. The company, led by Elon Musk, chose Goldman Sachs to be the lead bank for its initial public offering.

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