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Business·6/2/2026AI summary
SpaceX seeks below 0.75% fee for Nasdaq IPO, lower than Wall Street norms
SpaceX is reportedly negotiating a below 0.75% IPO underwriting fee with its advisors for its upcoming Nasdaq listing, significantly lower than the typical 4-7% charged by Wall Street banks. The company aims to raise $75 billion at a valuation of $1.8 trillion.
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