Markets
Saturday, 6/27, 01:43 PM
SpaceX Raises $25 Billion in Its First Bond Sale to Refinance AI Debt
- SpaceX sold $25 billion of bonds in its first-ever debt-market raise — not to build rockets, but largely to refinance a $20 billion loan it took on when it absorbed Elon Musk's X and AI startup xAI, deepening its bet on artificial intelligence.