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Wall Street firms are expected to pull in hundreds of millions of dollars working on a trio of mega IPOs over the next few months — though that may be a little less than they might have hoped, Axios' Pete Gannon writes.
Zoom in: Elon Musk's SpaceX is negotiating to pay base fees under 0.75% to banks working on the deal, Bloomberg reported, citing people with knowledge of the matter.
Between the lines: Big offerings typically pay smaller fees, Bloomberg notes, but 0.75% is smaller than previous "big offerings."
