Sources: SpaceX plans to raise $20B in a bond sale as soon as next week; the funds would be used to pay back a $20B bridge loan taken out after the xAI merger (Financial Times)
SpaceX is reportedly seeking $20B in debt financing to repay bridge loans tied to its xAI merger.
Excerpt
<a href="https://www.ft.com/content/8b73b4ce-3855-4b89-9110-3d892567f28a"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260618/i49.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260618/p49#a260618p49" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.ft.com/">Financial Times</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/8b73b4ce-3855-4b89-9110-3d892567f28a">Sources: SpaceX plans to raise $20B in a bond sale as soon as next week; the funds would be used to pay back a $20B bridge loan taken out after the xAI merger</a></b></span> — AI and rocket group is tapping debt markets after raising $86bn in stock market debut — SpaceX is planning to raise $20bn … </p>
Read at source: https://www.techmeme.com/260618/p49#a260618p49