SpaceX Announces $25 Billion Bond Sale Oversubscribed by $90 Billion Shortly After Record IPO
Less than two weeks after its record-breaking $85.7 billion IPO, SpaceX announced a $25 billion bond sale that was oversubscribed with $90 billion in orders. The company has also used some of the IPO proceeds to acquire Cursor for $60 billion and is focusing on expanding into artificial intelligence.
Tickers: $SPCX
Topics: acquisition debt issuance IPO