SpaceCNBC Techabout 2 hours ago
SpaceX $25B bond sale draws $90B in orders
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SpaceX raised $25 billion in a senior unsecured notes offering on June 22, drawing nearly $90 billion in orders. The debt issuance, one of the largest-ever AI bond sales, dented equity investor confidence, with SpaceX stock falling more than 13% that week. Proceeds will repay bridge loan borrowings and fund general corporate purposes.
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