SpaceX Completes $86 Billion IPO and Plans to Benefit Tesla
Space Exploration Technologies (SPCX) completed its $86 billion IPO, with an additional $25 billion expected from a bond issuance. The capital infusion is anticipated to benefit SpaceX's operations and potentially boost another Elon Musk business—Tesla (TSLA). SpaceX has been a major buyer of Tesla’s Megapacks for data centers and future moonbase projects.
Topics: IPO Musk businesses SpaceX Tesla