Musk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion
Key Takeaways SpaceX raised $25 billion in its debut bond sale, with orders nearing $90 billion. Heavy demand let SpaceX upsize the deal $5 billion above its $20 billion target across five tranches. Proceeds will repay a bridge loan and fund Starlink, Starship and an AI buildout, the company said. A Heavily Oversubscribed Debut SpaceX…