💰 BIG MONEY BEHIND THE SPACEX IPO

SpaceX's $75 billion IPO isn't just creating new shareholders, it's generating massive payouts for Wall Street.

📊 Total underwriting fees are estimated at roughly $500 million, or about 0.7% of the capital being raised.

🏦 Goldman Sachs and Morgan Stanley are expected to receive the largest share, with approximately $100 million each.

🏛️ Bank of America, Citigroup, and JPMorgan are projected to earn around $75 million each.

Meanwhile, several other participating banks are expected to collect fees ranging from a few million dollars to around $10 million.

Even by IPO standards, the economics are staggering.

A $75 billion raise.

Over $500 million in fees.

And one of the biggest paydays Wall Street has ever seen. 🚀

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