Why people are angry: Morgan Stanley gets $1.1b for selling something worth $110 for $135

Bloomberg hides the truth…I’m assuming the bank gets $100m per year for 10 years + initial fee

https://www.bloomberg.com/news/articles/2026-07-22/morgan-stanley-s-100-million-spacex-ipo-payday-was-only-a-start

June 13, 2026

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