#bridge loan Tech News.
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AITeslaratiabout 7 hours ago
SpaceX makes $20 billion move to optimize its balance sheetSpaceX launched a $20 billion bond offering to repay its $17.5 billion bridge loan. The notes are unsecured and rank equally with other unsubordinated debt. Proceeds also cover fees and general corporate purposes. The offering targets qualified institutional buyers and non-U.S. investors. SpaceX had $100.8 billion in cash as of June 19.
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