The coming months are likely to feature a series of big-ticket IPOs for Wall Street. SpaceX’s record-breaking $75 billion IPO generated an estimated $500 million in underwriting fees.
Lead banks Goldman Sachs and Morgan Stanley are expected to receive about $100 million each, while Bank of America, Citigroup, and JPMorgan Chase could collect roughly $75 million apiece, as quoted on Yahoo Finance.
And that’s not all. AI behemoths like Anthropic, OpenAI and Perplexity are also planning IPOs in the coming years. The success of the SpaceX debut has fueled expectations for future mega-listings from AI firms.
This post originally appeared at Zacks.