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The Economic Times
The Economic Times

SK Hynix advisors win big fee windfall after modest SpaceX payday

SK Hynix SpaceX Bank of America Citigroup Goldman Sachs JPMorgan

Global investment banks and brokerages ​leading SK Hynix's ​mega share sale earned nearly $260 million in ​fees, a boost for the industry which took in a relatively modest $500 million from SpaceX's record share sale last month.

The ‌fees equate ⁠to ⁠about 0.97% of the total amount raised, SK Hynix's filings ​showed, meaning bankers earned more as a percentage of deal size ​than those who worked on SpaceX's initial public offering.

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