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.

Elon Musk’s AI and rockets company will launch on the stock market on 12 June

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…

June 2 : Elon Musk's SpaceX is negotiating with banks underwriting its initial public offering to pay fees of less than 0.75 per cent on the roughly $75 billion it aims to raise…

SpaceX is negotiating to pay razor-thin fees to firms handling its IPO, but banks still likely to rake in about US$500 million. Read here

SpaceX, Elon Musk's rocket and satellite company, plans to raise at least $75 billion in its record initial public offering, two people familiar wi...