SpaceX is currently negotiating to slash Wall Street banking fees down to a razor-thin 0.75% for its blockbuster Nasdaq listing, though underwriting firms will still rake in a massive $500 million windfall. Index providers are altering historic rules to "fast-track" the company into major stock benchmarks (like the Nasdaq-100) within days of its June 12 public debut, triggering a massive wave of forced passive index buying. The mega-deal aims to raise up to $86.5 billion at a adjusted valuation target of $1.8 trillion to $2 trillion, cementing its status as the largest initial public offering in history.