SpaceX negotiating underwriting fees below 1% for IPO: Report

Elon Musk's SpaceX is aiming to raise approximately $75 billion this month through its initial public offering. The company is reportedly negotiating with underwriting banks to secure fees below 0.75%. Despite this, the banks are still expected to earn around $500 million from this significant listing. This move highlights SpaceX's ambitious financial strategy for its space and AI ventures.