BlockBeats reported on June 13, citing The Wall Street Journal, that Goldman Sachs and Morgan Stanley are each expected to receive about $100 million in underwriting fees from SpaceX’s initial public offering. The report centers on the underwriting-related fee scale tied to the SpaceX IPO and the roles of the two Wall Street investment banks in that process.
An initial public offering generally involves underwriters assisting with the issuance process, pricing and sales arrangements. According to the cited report, Goldman Sachs and Morgan Stanley are each expected to earn approximately $100 million in underwriting fees from the SpaceX IPO.
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