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News Reporter@lemmy.wtfB to Economy@lemmy.world · 4 hours ago

SpaceX bankers prepare for bond sale of at least $20 billion

economictimes.indiatimes.com

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SpaceX bankers prepare for bond sale of at least $20 billion

economictimes.indiatimes.com

News Reporter@lemmy.wtfB to Economy@lemmy.world · 4 hours ago
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SpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows its record initial public offering. The funds will refinance a significant bridge loan. This is SpaceX's first foray into issuing investment-grade US dollar bonds. The company is also embracing artificial intelligence.
  • bacon_pdp@lemmy.world
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    3 hours ago

    Well they are going to be junk bonds, so hopefully they can get priced correctly.

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