techl8

SpaceX sells $25 Billion of Bonds, Cuts Interest Costs

SpaceX Sells $25 Billion of Bonds, Cuts Interest Costs

SpaceX sold $25 billion of investment-grade bonds on Tuesday, marking the final step to replace the costly debt that had helped finance Elon Musk’s acquisition of X, then known as Twitter, as well as the expensive loans and bonds issued by xAI to bridge its rapid cash drain.…

Source: Bloomberg Tech · Opens in new tab