Sridhar Natarajan, Anthony Hughes and Todd GillespieJun 14, 2026 – 1.47pmNew York | SpaceX, which had already negotiated to pay razor-thin fees on its record initial public offering, somehow managed to get an even better deal out of its investment bankers.Elon Musk’s rocket, satellite and AI firm won’t pay any fee if underwriters on the offering agree to exercise their ability to sell another 15 per cent of shares, an option known as a greenshoe in Wall Street parlance.Bloomberg and APSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles