Coin Bureau
Coin Bureau|Jul 22, 2026 21:10
JUST IN: Morgan Stanley's SpaceX IPO captured over $70 BILLION in new wealth assets on top of its $100 MILLION underwriting fee. The bank's wealth arm pulled in the assets through its workplace channel, which manages equity compensation and retirement plans for SpaceX employees. Those assets are expected to generate more than $100 MILLION in recurring revenue every year, per Bloomberg.(Coin Bureau)
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