Citigroup secured the largest slice of the proceeds, earning over $70 million for its role as a joint global coordinator and depository bank. This figure represents a 20% premium over the compensation received by other institutions involved in the transaction. The total haul for the banking syndicate follows SK Hynix raising approximately $26.5 billion by pricing its U.S. stock at $149 per depository receipt, a 2.7% premium over its recent average trading price in Seoul.

While the absolute dollar amount generated by the SpaceX IPO reached $500 million due to the sheer scale of the $75 billion deal, the efficiency of the SK Hynix mandate proved more lucrative for individual banks on a percentage basis. Alongside Citigroup, the underwriting syndicate included Bank of America, Goldman Sachs, and JPMorgan. Representatives for JPMorgan declined to comment on the fee structure, while Bank of America and Goldman Sachs did not respond to inquiries regarding their specific compensation.