SpaceX is said to eye $20B bond sale following landmark IPO (SPCX:NASDAQ)
6 Articles
6 Articles
Banks contracted by SpaceX, Elon Musk, are preparing to hold teleconferences with investors as early as next week to discuss a possible offer of securities after the company's initial public stock offer (IPO) record last week, according to people with knowledge of the subject. It is expected that the securities will be at least $20 billion, and the teleconferences can start on Monday (22), people said, who asked not to be identified because they…
SpaceX Lines Up $20B Bond Sale As Post-IPO AI Spending Test Grows
SpaceX bankers are preparing a potential investment-grade bond sale of at least $20 billion, extending the company’s capital-market push only days after its record public listing. The reported bond issuance would refinance a $20 billion bridge loan that matures in September 2027. Bank of America, Citigroup, JPMorgan Chase, Goldman Sachs and Morgan Stanley helped provide the earlier bridge financing and are expected to manage the bond deal if it …
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