🤯 Just issued 20 billion yuan in bonds right after going public? SpaceX's move has left me stunned!

Just received an investment-grade rating (Moody's Baa1, Fitch BBB+, S&P BBB),
And then news came out that they plan to issue at least $20 billion in bonds.
What is Elon Musk trying to do 🌚?
IPO documents show the company has long-term debt of 29.1 billion yuan, and this bond is to refinance the bridge loan due in September 2027.
But what really excites me is the on-chain data! 🔥
Backpack issued on $SOL , with a weekly trading volume reaching $439 million, accounting for 91.7% of the tokenized SpaceX trading volume! Liquidity of $9.8 million, making up 87.5%. The entire Solana tokenized stock trading volume even hit a record high of $1.04 billion, accounting for 70.6% of the entire network.
Interesting part coming—$SPCX ‌ price is currently hovering around $71.34, up 2.38% in 24 hours.
From a technical perspective, BOLL upper band at 72.45, lower band at 67.85, MACD just showed a golden cross.
But the Fed's hawkish comments are weighing on the market, making it difficult for SOL to push to 80.
This narrative is very clear: the SEC is brewing new policies to allow crypto companies to experiment with tokenized stock trading. Once implemented, the boundaries between traditional stock markets and the crypto world will be completely broken.
Solana has taken the lead in tokenized stock settlement, but SOL's price is still hovering low—on-chain activity is lively, but the price remains cold. Have you noticed this divergence? 🤔
👇 Share your thoughts in the comments: Do you believe in the tokenized stock track? Can SPCX continue to surge?
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$SOL