SpaceX Stock Drops Amid Bond Sale Announcement
Shares of SpaceX (SPCX) dropped by 10.04% as the company announced its first bond sale since going public, seeking at least $20 billion to repay bridge loans. The stock partially recovered after revealing a cash reserve of $100.8 billion and announcing an AI-related deal worth up to $6.3 billion with ReflectionAI.
Topics: AI segment deal bond issuance SpaceX stock price drop