SpaceX Raises $25 Billion in Bonds Amid Ongoing Debt and Post-IPO Activities
Following a record-breaking IPO that raised $85.7 billion, SpaceX issued $25 billion in bonds with maturities up to 2056 primarily to pay off its existing bridge loan of $20 billion as of March's end. The move raises questions about why the company did not use additional stock issuance during the IPO to eliminate this debt entirely.
Topics: debt financing IPO SpaceX