Goldman Sachs earns hundreds of millions in incentive commissions from SpaceX’s listing

According to foreign media reports, Goldman Sachs bankers earned substantial commissions in June while handling the IPO of SpaceX (SPCX.US), but an even larger windfall associated with this listing was set in motion several years ago. More than five years ago, when SpaceX was valued at only several billion dollars, the bank assisted some high-net-worth clients in investing in Elon Musk's company. Sources revealed that, when SpaceX went public at a valuation of 1.77 trillion dollars, Goldman Sachs clients selling their shares made significant gains and paid the bank hundreds of millions of dollars in incentive commissions. According to insiders, Goldman Sachs partners were able to invest alongside clients, meaning some current and former executives may also have reaped considerable returns.