Industry
SpaceX seeks $20 billion investment-grade bond issue
SpaceX is pursuing its first investment-grade bond sale to raise at least $20 billion, with investor meetings possible as early as next week. The proceeds are expected to replace temporary funding tied to the xAI acquisition and to reshape its borrowing structure. The company previously raised a $20 billion loan from five Wall Street banks, due in September 2027. Rating agencies have assigned investment-grade scores, supporting the planned issuance.