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How Banks Battled for $1 Billion in Fees From SpaceX Listing

Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering.

A SpaceX rocket in 2024. The company, led by Elon Musk, chose Goldman Sachs to be the lead bank for its initial public offering.

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Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight

By: Rob Copeland β€”
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.

β€œPlaying around with the Fed can often have adverse consequences β€” the absolute opposite of what you might be hoping for,” Jamie Dimon, chief executive of JPMorgan bank, said Tuesday.

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