June 2 (Reuters) - Elon Musk's ******* eX is negotiating with banks underwriting its initial public offering to pay fees of less than 0.75% on the roughly $75 billion it aims to raise this month, Bloomberg News reported on Tuesday.
The banks are still likely to rake in about $500 million from the record-setting listing of the ******* e and AI conglomerate, the report added, citing people familiar with the matter.
Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.
The lead banks, Goldman Sachs and Morgan Stanley, are positioned to take in a bigger share of the fee pool than the other 21 brokers involved, the report added.
SpaceX and Morgan Stanley did not immediately respond to a Reuters request for comment. Goldman Sachs declined to comment.
The banks are still likely to rake in about $500 million from the record-setting listing of the ******* e and AI conglomerate, the report added, citing people familiar with the matter.
Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.
The lead banks, Goldman Sachs and Morgan Stanley, are positioned to take in a bigger share of the fee pool than the other 21 brokers involved, the report added.
SpaceX and Morgan Stanley did not immediately respond to a Reuters request for comment. Goldman Sachs declined to comment.
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