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SK Hynix advisors win big fee windfall after modest SpaceX payday

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SK Hynix advisors win big fee windfall after modest SpaceX payday

Investment banks and brokerages earned nearly $260M in fees underwriting SK Hynix’s mega share sale, compared with a relatively modest ~$500M of fees for SpaceX’s record share sale last month. The deal flow provides a modest industry tailwind for capital markets activity.

Analysis

Investment banks and brokerages earned nearly $260M in fees underwriting SK Hynix’s mega share sale, compared with a relatively modest ~$500M of fees for SpaceX’s record share sale last month. The deal flow provides a modest industry tailwind for capital markets activity.

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Market Sentiment

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mildly positive

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0.20