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The Economic Times
The Economic Times
Technology

EXPLAINED: Sk hynix advisors win big fee windfall after modest spacex payday | Rare Historical Photos

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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