SK Hynix Banks Secure $260M Fees Outpacing SpaceX Percentage

On July 10, Reuters confirmed investment banks earned nearly $260 million from SK Hynix’s $26.5 billion U.S. share sale, representing 0.97% of proceeds. This outperformed the 0.67% fee rate on SpaceX’s larger $75 billion deal last month. The story first broke July 9 with details on Citigroup’s leading $70 million+ take and the $149 pricing level before the July 10 update emphasized Wall Street’s ongoing capital markets revenue from mega-cap chip and private-company activity.