SpaceX Negotiates Underwriting Fees Below 0.75% for Record $75 Billion IPO

SpaceX is negotiating underwriting fees of less than 0.75% with banks for its initial public offering, Bloomberg News reported on June 2, 2026, as the Elon Musk-led space and AI conglomerate aims to raise $75 billion in a listing expected to be the largest ever. The low fee rate would still generate an estimated $500 million for the underwriting syndicate led by Goldman Sachs and Morgan Stanley, alongside BofA Securities, Citigroup and J.P. Morgan. The two lead banks are positioned to claim a larger share from the 23-broker group. SpaceX plans to launch its roadshow on June 4, with shares set to begin trading as early as June 12, valuing the company at about $1.75 trillion. The IPO will offer public investors direct access to businesses spanning space launch services, satellite broadband and artificial intelligence. SpaceX and Morgan Stanley did not comment, while Goldman Sachs declined to comment.