SpaceX Shares Drop After $20 Billion Bond Sale, Virgin Galactic and Rocket Lab Also Decline
Shares of SpaceX fell nearly 9% following the announcement of a $20 billion bond sale aimed at repaying debt and funding AI projects. The broader space sector was affected as Virgin Galactic dropped 11%, while Rocket Lab declined by 8% despite its NASDAQ 100 debut.
Topics: bond_sale NASDAQ_100_debut space_sector