[Bloomberg: SpaceX IPO Becomes Goldman Sachs' 'Multi-Fee' Feast, Advisory Fees Reach Approximately $100 Million, Client Cash-Out Contributes Hundreds of Millions in Incentive Fees] Deep Tide TechFlow reports, on October 3, according to Bloomberg, Goldman Sachs Group earned hundreds of millions in incentive fees by helping clients invest early in SpaceX, which went public in June this year with a valuation of $1.77 trillion. Sources revealed that over five years ago, Goldman Sachs assisted some high-net-worth clients in participating in SpaceX investments, when the company's valuation was only in the tens of billions of dollars. After SpaceX's IPO, Goldman Sachs clients who sold their shares reaped massive profits, while also generating hundreds of millions in incentive fees for Goldman Sachs. Additionally, as one of the primary advisors for SpaceX's IPO, Goldman Sachs earned approximately $100 million in advisory fees. Sources stated that Goldman Sachs plans to use the additional incentive fee income, which was not included in prior performance forecasts, to make early charitable donations for greater tax efficiency.