Reports say SpaceX will issue its first investment-grade bonds; bankers are conducting roadshows.

Golden Finance reports that on June 23, after completing a record-breaking $75 billion U.S. IPO, SpaceX launched its first issuance of investment-grade bonds, which is expected to trigger a wave of large-scale borrowing to fund its AI initiatives. According to sources familiar with the matter, several banks that previously provided short-term bridge financing for SpaceX—including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley—arranged conference calls with investors on Monday. The sources said that bond issuance is expected to follow, with maturities ranging from 5 to 30 years.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned